Ruby Creek is a quiet locality in New South Wales within the Tenterfield local government area (postcode 4380). With a population of 65, the suburb has an older demographic with a median age of 58. Households earn a median income of $67K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 labourers, clerical & administrative, managers. Employment in the area leans toward education and construction. The top ancestries reported are English, Australian, Scottish.
Ruby Creek has a median house price of $765,000, which has risen steeply by 128.4% year-on-year. The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,142.
Public transport access includes 2 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,235 incidents per 100,000 population.
On the investment side, Ruby Creek shows a gross rental yield of approximately 2.3%, rated as low yield. Property prices sit below the state median ($765K/$1.5M), which can point to relative value. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +128.4% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.