Pillar Valley (postcode 2462) is a small, quiet locality in New South Wales within the Clarence Valley local government area. It is home to about 352 residents, with a settled, mature resident base and a median age of 50. Households earn a median income of $52K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Scottish.
Pillar Valley has a median house price of $738,000, which has grown strongly by 9.3% year-on-year. The current median weekly rent is $300. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,366.
Public transport access includes 29 bus stops. The crime rate in the Clarence Valley LGA is moderate at 5,045 incidents per 100,000 population.
On the investment side, Pillar Valley shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices sit below the state median ($738K/$1.5M), which can point to relative value. The price-to-income ratio of 14.3x is considered stretched. House prices have moved +9.3% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.