Located in New South Wales within the Lockhart local government area, Yerong Creek is a quiet locality (postcode 2642). With a population of 355, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.7 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 +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, community & personal service, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Yerong Creek has a median house price of $300,000, which has declined steeply by 28.6% year-on-year. The current median weekly rent is $390. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $867.
Yerong Creek is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Lockhart LGA is below average at 2,792 incidents per 100,000 population.
From an investment perspective, Yerong Creek shows a gross rental yield of approximately 6.8%, rated as high yield. Property prices sit below the state median ($300K/$1.5M), which can point to relative value. The price-to-income ratio of 4.3x is considered affordable. House prices have moved -28.6% 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.