Rylstone is a small locality in New South Wales within the Mid-Western Regional local government area (postcode 2849). The area has roughly 904 residents and a settled, mature resident base, with a median age of 54. Households earn a median income of $58K per year, with an average household size of 2.1 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 technicians & trades, managers, professionals. Employment in the area leans toward education and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Rylstone is $696,000, having climbed sharply by 30.1% over the past year. The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,300.
Rylstone is served by 1 school, including 1 primary. The average ICSEA score is 989, which is around the national average of 1,000. Public transport access includes 30 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
Looking at the investment signals, Rylstone shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices sit below the state median ($696K/$1.5M), which can point to relative value. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +30.1% year-on-year.