Located in New South Wales within the Unincorporated NSW local government area, Scotia is a sparsely populated locality (postcode 2648). With a population of 12, the suburb has an older demographic with a median age of 61. Households earn a median income of $30K per year, with an average household size of 1.4 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.2% 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 top ancestries reported are Scottish, English, Australian.
The current median weekly rent is $180.
Looking at the investment signals, Population growth of -1.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.