Wee Jasper is a sparsely populated locality in New South Wales within the Yass Valley local government area (postcode 2582). The area has roughly 127 residents and an older-leaning population, with a median age of 54. Households earn a median income of $43K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 managers, labourers, professionals. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, Scottish.
Wee Jasper has a median house price of $363,000, which has declined steeply by 30.3% year-on-year. The current median weekly rent is $580. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,950.
Wee Jasper is served by 1 school, including 1 primary. Public transport access includes 1 bus stop. The crime rate in the Yass Valley LGA is low at 1,642 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 8.3% (high yield). Property prices sit below the state median ($363K/$1.5M), which can point to relative value. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -30.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.