Running Stream is a small, quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). It is home to about 120 residents, with an older demographic and a median age of 61. Households earn a median income of $50K per year, with an average household size of 1.9 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, community & personal service, technicians & trades. Employment in the area leans toward agriculture and professional services. The top ancestries reported are English, Australian, Scottish.
Median house prices in Running Stream stand at $867,000, having risen by 4.4% over the last twelve months. The current median weekly rent is $590. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,300.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
On the investment side, Running Stream shows a gross rental yield of approximately 3.5%, rated as moderate yield. Property prices sit below the state median ($867K/$1.5M), which can point to relative value. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +4.4% year-on-year.