Saumarez is a small, quiet locality in New South Wales within the Uralla local government area (postcode 2350). It is home to about 76 residents, with a predominantly older resident base and a median age of 60. Households earn a median income of $76K per year, with an average household size of 2.2 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 professionals, managers, clerical & administrative. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Scottish.
Saumarez has a median house price of $475,000, which has risen solidly by 8.6% year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,820.
Public transport access includes 7 bus stops. The crime rate in the Uralla LGA is below average at 2,613 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.3% (high yield). Property prices sit below the state median ($475K/$1.5M), which can point to relative value. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +8.6% 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.