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Jerilderie suburb profile

Jerilderie is a charming rural town located in the southern Riverina region of New South Wales, known for its rich history and agricultural significance. Situated along the Newell Highway, it serves as a key stopover for travelers exploring the area. Jerilderie is famously linked to the bushranger Ned Kelly, who penned his Jerilderie Letter here in 1879. The town offers a glimpse into Australia's colonial past with heritage buildings and museums. Its community spirit is evident in local events and festivals, while the surrounding landscape provides opportunities for outdoor activities and farming pursuits.

Jerilderie property market performance

Jerilderie's property market has shown minimal activity over the past year. House values have seen a modest increase of 2.2%, while unit values have remained stable, with no change. The suburb's median house price remains at $0, reflecting limited market activity and sales. Over the past 12 months, only four houses were sold, and no units changed hands, suggesting a relatively stagnant property market.

The extended median time on market for houses at 213 days highlights the slower pace of sales in Jerilderie. The rental market shows no activity, with average rents for both houses and units at $0 and no change in rental prices over the past year, indicating a lack of demand or available rentals.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
2.2%N/A
Sold
Past 3 months
4N/A
Median days on market
Past 12 months
213N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Jerilderie demographics

Jerilderie, a small rural town in New South Wales, is steeped in history and known for its connection to the infamous bushranger Ned Kelly. With a population of just 922, it offers a close-knit community atmosphere where residents enjoy a slower pace of life. The median age of 51 indicates a mature population, with many long-term residents and retirees who appreciate the town's peaceful environment and strong sense of community.

The housing landscape in Jerilderie is characterized by a high rate of outright home ownership, with 51.2% of properties owned outright. This reflects the stability and long-term commitment of its residents to the area. Additionally, 27.8% of homes are owned with a mortgage, while 21% are rented, indicating a balanced mix of ownership and rental opportunities. The town's affordable housing market is attractive to those seeking a more relaxed lifestyle away from the hustle and bustle of larger cities.

Family structures in Jerilderie are predominantly couple families without children, making up 53.8% of the population, followed by couple families with children at 30.8%. One-parent families account for 13.1%, and other family types make up a small 2.3%. This demographic composition highlights the town's appeal to both established families and retirees. With its rich history, community spirit, and tranquil rural setting, Jerilderie offers a unique and appealing lifestyle for those looking to settle in a welcoming and historic Australian town.

Jerilderie infrastructure, key developments and investment opportunities

Jerilderie has no major new redevelopment or transport projects currently evident in the available information, so there are no significant developments likely to materially change the property market in the near term. The town’s appeal continues to be shaped more by its established role as a service centre on the Newell Highway than by large-scale change.

Local amenities such as the multi-purpose health service, sporting facilities, and the town’s heritage tourism attractions support everyday livability and help underpin demand for homes in a small regional market. The regular Service NSW outreach visit also indicates ongoing government service access, which can be a positive for residents and buyers seeking convenience in a rural location.

Jerilderie rental market trends

The rental market in Jerilderie has remained stable over the past year, with both house and unit rents staying at $0 per week, reflecting no change in rental prices. This consistency illustrates a quiet market environment, potentially indicating limited demand or supply issues in this region.

Suburbs near Jerilderie

Some popular suburbs near Jerilderie include:

Common questions about Jerilderie

  • Is Jerilderie a nice place to live?

    Jerilderie is a delightful rural town that offers a peaceful and welcoming environment, making it a charming place to live. Known for its rich history and strong community spirit, Jerilderie provides a unique blend of cultural heritage and rural charm. The town's tranquil setting is perfect for those who appreciate a slower pace of life, with the added benefit of being a key stopover along the Newell Highway, providing convenient access to surrounding areas.

    The town's livability is enhanced by its local amenities, including a multi-purpose health service and sporting facilities, which cater to the needs of its residents. Families will find Jerilderie particularly appealing due to its safe and friendly atmosphere, as well as the opportunity to engage in community events and festivals that bring residents together. The town's heritage tourism attractions offer a glimpse into Australia's colonial past, adding to its cultural richness.

    While Jerilderie offers a serene lifestyle, it does come with some trade-offs. The absence of major new redevelopment or transport projects means that the town maintains its traditional charm, but it may not appeal to those seeking rapid growth or urban conveniences. However, for families and retirees looking for stability and a strong sense of community, Jerilderie provides an affordable housing market and a balanced mix of ownership and rental opportunities.

    Overall, Jerilderie is a nice place to live for those who value a close-knit community, historical significance, and a peaceful rural setting. Its unique character and community-focused lifestyle make it an attractive choice for families and individuals seeking a welcoming and historic Australian town.

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  • Is it expensive to live in Jerilderie?

    Living in Jerilderie can be quite affordable, especially when compared to more urban areas in New South Wales. With a median total household income of $1,166 per week, residents here earn less than the state average full-time wage of $108,000 per year. However, the cost of living in Jerilderie is notably lower, particularly when it comes to housing.

    Interestingly, the CoreLogic data indicates that the current median house and unit prices, as well as average rents, are not available, suggesting that housing costs might be negligible or data is insufficient. This could imply that if you are thinking of living in Jerilderie, you might find housing more accessible and less of a financial burden compared to other parts of New South Wales.

    Overall, Jerilderie offers a more budget-friendly lifestyle, making it an attractive option for those seeking a quieter, more rural setting without the high costs associated with city living. It's important to consider your personal financial situation and lifestyle preferences when deciding if Jerilderie is the right fit for you.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Jerilderie a good place to invest?

    Jerilderie presents a unique investment opportunity, particularly for those seeking stability rather than rapid growth. Over the past year, the median house value in Jerilderie has seen a modest increase of 2.2%, while unit values have remained steady. This suggests a stable market with minimal volatility, which can be appealing for investors looking for a low-risk environment.

    The rental market in Jerilderie has remained unchanged over the last year, indicating a consistent demand for rental properties. This stability can be attractive for investors interested in generating reliable rental income without the fluctuations seen in more volatile markets. While the growth in property values and rents may not be as dynamic as in larger urban areas, Jerilderie's steady performance offers a sense of security for those prioritizing long-term investment stability.

    Overall, Jerilderie may not be the place for those seeking quick capital gains, but it offers a dependable investment option for those looking to maintain a steady portfolio. Its consistent market behavior makes it a solid choice for investors who value stability and predictability in their real estate investments.

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