Rocky Glen is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2357). With a population of 65, the suburb has a more retirement-aged population with a median age of 56. Households earn a median income of $49K per year, with an average household size of 2.5 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 managers, machinery operators & drivers. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, French.
Rocky Glen has a median house price of $125,000, holding roughly steady year-on-year. The current median weekly rent is $380. This gives a gross rental yield of approximately 15.8%. The median monthly mortgage repayment is $3,467.
Public transport access includes 9 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,386 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 15.8% (high yield). Property prices sit below the state median ($125K/$1.5M), which can point to relative value. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +0.0% year-on-year.