Located in New South Wales within the Walgett local government area, Collarenebri is a small locality (postcode 2833). With a population of 634, the suburb has an established demographic with a median age of 39. Households earn a median income of $54K per year, with an average household size of 2.5 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.5% 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, machinery operators & drivers, community & personal service. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Aboriginal Australian, Australian, English.
Collarenebri has a median house price of $105,000, which has fallen sharply by 16% year-on-year. The current median weekly rent is $170. This gives a gross rental yield of approximately 8.4%. The median monthly mortgage repayment is $759.
Collarenebri is served by 1 school, including 1 combined. The average ICSEA score is 625, which is well below the national average of 1,000. Public transport access includes 1 rail station, 20 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Walgett LGA is higher than average at 13,116 incidents per 100,000 population.
Looking at the investment signals, Collarenebri shows a gross rental yield of approximately 8.4%, rated as high yield. Property prices sit below the state median ($105K/$1.5M), which can point to relative value. The price-to-income ratio of 1.9x is considered affordable. House prices have moved -16.0% year-on-year. Population growth of -1.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.