Sandy Flat is a small, quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). The area has roughly 97 residents and an older-leaning population, with a median age of 48. Households earn a median income of $69K per year, with an average household size of 2.5 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 managers, labourers, clerical & administrative. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Australian, Irish.
Sandy Flat has a median house price of $440,000, holding roughly steady year-on-year. The current median weekly rent is $435. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $800.
Public transport access includes 3 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,235 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 5.1% (high yield). Property prices sit below the state median ($440K/$1.5M), which can point to relative value. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +0.0% 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.