Located in New South Wales within the Liverpool Plains local government area, Quirindi is a smaller suburb (postcode 2343). With a population of 3,355, the suburb has a settled, mature resident base with a median age of 46. Households earn a median income of $62K 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 -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 professionals, machinery operators & drivers, managers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Quirindi stand at $350,000, having declined steeply by 15.7% over the last twelve months. Units have a median price of $286,000 (+33.1% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,127.
Quirindi is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 6 rail stations, 134 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Liverpool Plains LGA is below average at 3,913 incidents per 100,000 population.
Looking at the investment signals, Quirindi shows a gross rental yield of approximately 5.9%, rated as high yield. Property prices sit below the state median ($350K/$1.5M), which can point to relative value. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -15.7% 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.