Located in New South Wales within the Tenterfield local government area, Undercliffe is a quiet locality (postcode 4380). It is home to about 27 residents, with a predominantly older resident base and a median age of 59. Households earn a median income of $43K 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 +1.0% 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 top ancestries reported are English, Australian, Scottish.
Units have a median price of $395,000 (-2.5% YoY). The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 3.7%.
The crime rate in the Tenterfield LGA is moderate at 5,235 incidents per 100,000 population.
From an investment perspective, Undercliffe shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($395K/$1.5M), which can point to relative value. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -2.5% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.