Watsons Creek is a sparsely populated locality in New South Wales within the Tamworth Regional local government area (postcode 2355). The area has roughly 94 residents and a settled, mature resident base, with a median age of 53. Households earn a median income of $39K per year, with an average household size of 1.9 people. 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 education. The top ancestries reported are English, Australian, Irish.
Median house prices in Watsons Creek stand at $215,000, having declined steeply by 21.8% over the last twelve months. The median monthly mortgage repayment is $1,170.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,891 incidents per 100,000 population.
From an investment perspective, Property prices sit below the state median ($215K/$1.5M), which can point to relative value. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -21.8% year-on-year.