Premer (postcode 2381) is a sparsely populated locality in New South Wales within the Liverpool Plains local government area. It is home to about 126 residents, with an established family demographic and a median age of 43. Households earn a median income of $46K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% 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, technicians & trades, sales. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Premer is $180,000, having surged by 135.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 11.6%. The median monthly mortgage repayment is $1,409.
Premer is served by 1 school, including 1 primary. The average ICSEA score is 822, which is well below the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,913 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 11.6% (high yield). Property prices sit below the state median ($180K/$1.5M), which can point to relative value. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +135.3% year-on-year. Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.