Located in New South Wales within the Gwydir local government area, Gravesend is a sparsely populated locality (postcode 2401). The area has roughly 299 residents and an established demographic, with a median age of 42. Households earn a median income of $73K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, professionals. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, English, Scottish.
The median house price in Gravesend is $250,000, having risen steeply by 150% over the past year. The median weekly rent is $160 (Census 2021). This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $815.
Gravesend is served by 1 school, including 1 primary. The average ICSEA score is 918, which is below the national average of 1,000. Public transport access includes 3 rail stations, 18 bus stops. The crime rate in the Gwydir LGA is below average at 3,495 incidents per 100,000 population.
Looking at the investment signals, Gravesend shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($250K/$1.5M), which can point to relative value. The price-to-income ratio of 3.4x is considered affordable. House prices have moved +150.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.