Pleasant Hills is a small, quiet locality in New South Wales within the Lockhart local government area (postcode 2658). It is home to about 127 residents, with a settled mid-life population and a median age of 42. Households earn a median income of $70K 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 +0.6% 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, community & personal service. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, German.
The median house price in Pleasant Hills is $142,000, having dipped slightly by 2.1% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 13.7%. The median monthly mortgage repayment is $54.
Pleasant Hills is served by 1 school, including 1 primary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Lockhart LGA is below average at 2,945 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 13.7% (high yield). Property prices sit below the state median ($142K/$1.5M), which can point to relative value. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -2.1% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.