Trundle (postcode 2875) is a small locality in New South Wales within the Parkes local government area. The area has roughly 568 residents and an older-leaning population, with a median age of 51. Households earn a median income of $58K 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 -0.4% 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, professionals, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Trundle is $271,000, having jumped by 35.5% over the past year. The median weekly rent is $170 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $725.
Trundle is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 889, which is well below the national average of 1,000. Public transport access includes 3 rail stations, 29 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Parkes LGA is moderate at 6,061 incidents per 100,000 population.
From an investment perspective, Trundle shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($271K/$1.5M), which can point to relative value. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +35.5% year-on-year. Population growth of -0.4% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.