Located in New South Wales within the Byron local government area, Upper Wilsons Creek is a small, quiet locality (postcode 2482). It is home to about 79 residents, with an older-leaning population and a median age of 48. Households earn a median income of $81K per year, with an average household size of 2.5 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 community & personal service, professionals, managers. Employment in the area leans toward healthcare and wholesale trade. The top ancestries reported are English, Australian, Scottish.
Upper Wilsons Creek has a median house price of $1.6 million, which has surged by 82.7% year-on-year. The current median weekly rent is $742. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,700.
The crime rate in the Byron LGA is moderate at 4,232 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.4%, which reads as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +82.7% 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.