Springdale is a small, quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 126, the suburb has a mature demographic with a median age of 49. Households earn a median income of $81K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% 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 most common occupations are managers, sales, labourers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.
Springdale has a median house price of $165,000, which has declined steeply by 30.5% year-on-year. The current median weekly rent is $410. This gives a gross rental yield of approximately 12.9%. The median monthly mortgage repayment is $1,000.
Public transport access includes 3 bus stops. The crime rate in the Temora LGA is below average at 2,422 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 12.9% (high yield). Property prices sit below the state median ($165K/$1.5M), which can point to relative value. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -30.5% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.