Located in New South Wales within the Port Macquarie-Hastings local government area, Pappinbarra is a small, quiet locality (postcode 2446). With a population of 86, the suburb has a mature demographic with a median age of 45. Households earn a median income of $60K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, professionals, managers. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Irish.
Pappinbarra has a median house price of $540,000, which has jumped by 145.5% year-on-year. The current median weekly rent is $535. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,463.
Public transport access includes 4 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 5.2%, which reads as high yield. Property prices sit below the state median ($540K/$1.5M), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +145.5% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.