Spring Mountain is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). It is home to about 20 residents, with an older-leaning population and a median age of 50. Households earn a median income of $81K per year, with an average household size of 3.2 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 top ancestries reported are English, Welsh, Irish.
The current median weekly rent is $420.
The crime rate in the Inverell LGA is moderate at 5,178 incidents per 100,000 population.
Looking at the investment signals, 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.