Located in New South Wales within the Nambucca Valley local government area, Thumb Creek is a small, quiet locality (postcode 2447). The area has roughly 36 residents and an older-leaning population, with a median age of 53. Households earn a median income of $38K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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 top ancestries reported are English, Australian, Irish.
Median house prices in Thumb Creek stand at $215,000, having dropped significantly by 41.9% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 12.1%. The median monthly mortgage repayment is $1,834.
Public transport access includes 1 bus stop. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 12.1% (high yield). Property prices sit below the state median ($215K/$1.5M), which can point to relative value. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -41.9% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.