Sandy Hollow (postcode 2333) is a sparsely populated locality in New South Wales within the Muswellbrook local government area. With a population of 188, the suburb has a settled mid-life population with a median age of 44. Households earn a median income of $68K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% 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 machinery operators & drivers, labourers, managers. Employment in the area leans toward mining and agriculture. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Sandy Hollow is $500,000, having surged by 150% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,509.
Sandy Hollow is served by 1 school, including 1 primary. The average ICSEA score is 814, which is well below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,216 incidents per 100,000 population.
Looking at the investment signals, Sandy Hollow shows a gross rental yield of approximately 5.7%, rated as high yield. Property prices sit below the state median ($500K/$1.5M), which can point to relative value. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +150.0% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.