Primrose Valley (postcode 2621) is a small, quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 155 residents, with an established demographic and a median age of 39. Households earn a median income of $137K per year, with an average household size of 2.8 people. 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, managers, community & personal service. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Scottish.
Primrose Valley has a median house price of $1.2 million, which has moved higher by 4.7% year-on-year. The current median weekly rent is $722. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,400.
Public transport access includes 4 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Primrose Valley shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +4.7% year-on-year.