Located in New South Wales within the Nambucca Valley local government area, Wirrimbi is a small, quiet locality (postcode 2447). It is home to about 160 residents, with an established family demographic and a median age of 39. Households earn a median income of $112K per year, with an average household size of 3.3 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 professionals, managers, technicians & trades. Employment in the area leans toward education and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Wirrimbi stand at $853,000, having surged by 81.4% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 6 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, The gross rental yield works out to roughly 3.0%, which reads as moderate yield. Property prices sit below the state median ($853K/$1.5M), which can point to relative value. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +81.4% 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.