Rushes Creek (postcode 2346) is a quiet locality in New South Wales within the Tamworth Regional local government area. It is home to about 98 residents, with a mature demographic and a median age of 48. Households earn a median income of $67K per year, with an average household size of 2.3 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, technicians & trades, machinery operators & drivers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Rushes Creek has a median house price of $570,000, holding roughly steady year-on-year. The current median weekly rent is $420. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,039.
Public transport access includes 9 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,891 incidents per 100,000 population.
Looking at the investment signals, Rushes Creek shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices sit below the state median ($570K/$1.5M), which can point to relative value. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +0.0% year-on-year.