Located in New South Wales within the Inverell local government area, Stanborough is a sparsely populated locality (postcode 2360). The area has roughly 85 residents and an older-leaning population, with a median age of 48. Households earn a median income of $80K per year, with an average household size of 2.7 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 most common occupations are managers, labourers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Irish.
Median house prices in Stanborough sit at $110,000, little changed on a year ago. The current median weekly rent is $420. This gives a gross rental yield of approximately 19.9%. The median monthly mortgage repayment is $1,352.
Public transport access includes 3 bus stops. The crime rate in the Inverell LGA is moderate at 5,178 incidents per 100,000 population.
On the investment side, Stanborough shows a gross rental yield of approximately 19.9%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), which can point to relative value. The price-to-income ratio of 1.4x is considered affordable. House prices have moved +0.0% year-on-year. 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.