Spicketts Creek is a sparsely populated locality in New South Wales within the Bellingen local government area (postcode 2454). The area has roughly 32 residents and a more retirement-aged population, with a median age of 60. Households earn a median income of $72K 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 +0.3% 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. Employment in the area leans toward retail trade and accommodation & food. The top ancestries reported are Australian, English, Irish.
Median house prices in Spicketts Creek sit at $1.1 million, little changed on a year ago. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,268.
Public transport access includes 5 bus stops. The crime rate in the Bellingen LGA is below average at 3,605 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.8% (low yield). Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.