Ruse is a moderately sized suburb in New South Wales within the Campbelltown (NSW) local government area (postcode 2560). It is home to about 5,632 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $93K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 clerical & administrative, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Ruse has a median house price of $930,000, which has risen solidly by 7% year-on-year. Units have a median price of $421,000 (-31% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,000.
Ruse is served by 1 school, including 1 primary. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Campbelltown (NSW) LGA is below average at 3,457 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.2% (moderate yield). Property prices sit below the state median ($930K/$1.5M), which can point to relative value. The price-to-income ratio of 10.0x is considered moderate. House prices have moved +7.0% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.