Located in New South Wales within the Kyogle local government area, The Risk is a sparsely populated locality (postcode 2474). The area has roughly 31 residents and a mature demographic, with a median age of 50. Households earn a median income of $94K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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, clerical & administrative. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $500. The median monthly mortgage repayment is $433.
The Risk is served by 1 school, including 1 primary. The average ICSEA score is 869, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,334 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.