Harwood (postcode 2465) is a quiet locality in New South Wales within the Clarence Valley local government area. With a population of 346, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $57K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 labourers, technicians & trades, managers. Employment in the area leans toward manufacturing and construction. The top ancestries reported are English, Australian, Scottish.
Harwood has a median house price of $770,000, which has climbed sharply by 14.9% year-on-year. The median weekly rent is $330 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,300.
Harwood is served by 1 school, including 1 primary. The average ICSEA score is 943, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Clarence Valley LGA is moderate at 5,004 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices sit below the state median ($770K/$1.5M), which can point to relative value. The price-to-income ratio of 13.4x is considered stretched. House prices have moved +14.9% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.