Wilsons Creek (postcode 2482) is a sparsely populated locality in New South Wales within the Byron local government area. With a population of 466, the suburb has a mature demographic with a median age of 47. Households earn a median income of $70K per year, with an average household size of 2.6 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 professionals, managers, technicians & trades. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Wilsons Creek is $1.4 million, having declined steeply by 16.9% over the past year. The current median weekly rent is $742. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,800.
Public transport access includes 27 bus stops. The crime rate in the Byron LGA is moderate at 4,232 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.4x is considered stretched. House prices have moved -16.9% 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.