Located in New South Wales within the Narrabri local government area, Pilliga is a quiet locality (postcode 2388). The area has roughly 175 residents and a settled, mature resident base, with a median age of 51. Households earn a median income of $40K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.4% 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, labourers, clerical & administrative. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Aboriginal Australian.
Median house prices in Pilliga stand at $140,000, having climbed sharply by 40% over the last twelve months. The current median weekly rent is $490. This gives a gross rental yield of approximately 18.2%. The median monthly mortgage repayment is $650.
Pilliga is served by 1 school, including 1 primary. The average ICSEA score is 747, which is well below the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Narrabri LGA is moderate at 5,724 incidents per 100,000 population.
Looking at the investment signals, Pilliga shows a gross rental yield of approximately 18.2%, rated as high yield. Property prices sit below the state median ($140K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +40.0% year-on-year. Population growth of -0.4% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.