Tarcutta (postcode 2652) is a sparsely populated locality in New South Wales within the Wagga Wagga local government area. With a population of 425, the suburb has an established demographic with a median age of 43. Households earn a median income of $66K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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, sales. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Scottish.
Tarcutta has a median house price of $275,000, which has declined steeply by 9.3% year-on-year. The current median weekly rent is $365. This gives a gross rental yield of approximately 6.9%. The median monthly mortgage repayment is $1,083.
Tarcutta is served by 1 school, including 1 primary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 1 rail station, 28 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 6.9% (high yield). Property prices sit below the state median ($275K/$1.5M), which can point to relative value. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -9.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.