Paytens Bridge is a sparsely populated locality in New South Wales within the Forbes local government area (postcode 2871). It is home to about 109 residents, with a mix of young professionals and families and a median age of 36. Households earn a median income of $143K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% 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 managers, professionals, technicians & trades. Employment in the area leans toward agriculture and transport & logistics. The top ancestries reported are English, Australian, Scottish.
Paytens Bridge has a median house price of $4.0 million, holding roughly steady year-on-year. The current median weekly rent is $405. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $2,700.
Public transport access includes 13 bus stops. The crime rate in the Forbes LGA is moderate at 6,914 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 0.5% (low yield). Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.7x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.