Yanco (postcode 2703) is a close-knit residential community in New South Wales within the Leeton local government area. It is home to about 744 residents, with a younger resident base and a median age of 25. 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 -0.2% 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 labourers, machinery operators & drivers, professionals. Employment in the area leans toward manufacturing and agriculture. The top ancestries reported are Australian, English, Irish.
Median house prices in Yanco sit at $270,000, little changed on a year ago. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,083.
Yanco is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 934, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Leeton LGA is moderate at 4,706 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices sit below the state median ($270K/$1.5M), which can point to relative value. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.