Upper Main Arm is a small, quiet locality in New South Wales within the Byron local government area (postcode 2482). It is home to about 283 residents, with an established family demographic and a median age of 44. Households earn a median income of $44K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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 technicians & trades, professionals, community & personal service. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Upper Main Arm has a median house price of $888,000, which has fallen by 4.1% year-on-year. The current median weekly rent is $742. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,888.
Upper Main Arm is served by 1 school, including 1 primary. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Byron LGA is moderate at 4,232 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.3% (moderate yield). Property prices sit below the state median ($888K/$1.5M), which can point to relative value. The price-to-income ratio of 20.1x is considered stretched. House prices have moved -4.1% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.