Located in New South Wales within the Nambucca Valley local government area, Warrell Creek is a quiet locality (postcode 2447). The area has roughly 265 residents and an older-leaning population, with a median age of 52. Households earn a median income of $65K per year, with an average household size of 2.5 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 most common occupations are technicians & trades, managers, community & personal service. Employment in the area leans toward retail trade and manufacturing. The top ancestries reported are Australian, English, Scottish.
Median house prices in Warrell Creek stand at $520,000, having risen modestly by 1.9% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,455.
Public transport access includes 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,255 incidents per 100,000 population.
Looking at the investment signals, Warrell Creek shows a gross rental yield of approximately 5.0%, rated as high yield. Property prices sit below the state median ($520K/$1.5M), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +1.9% 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.