Thrumster (postcode 2444) is a smaller suburb in New South Wales within the Port Macquarie-Hastings local government area. It is home to about 2,382 residents, with a mix of young professionals and families and a median age of 32. Households earn a median income of $103K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 professionals, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Thrumster is $848,000, having declined by 3.7% over the past year. Units have a median price of $730,000 (+1.4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,080.
Public transport access includes 8 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.7%, which reads as moderate yield. Property prices sit below the state median ($848K/$1.5M), which can point to relative value. The price-to-income ratio of 8.2x is considered moderate. House prices have moved -3.7% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.