Myrtle Creek is a sparsely populated locality in New South Wales within the Richmond Valley local government area (postcode 2469). With a population of 92, the suburb has an older demographic with a median age of 60. Households earn a median income of $44K 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 +0.3% 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 education. The top ancestries reported are Australian, English, Irish.
The median house price in Myrtle Creek is $415,000, having dropped significantly by 9.8% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $600.
Public transport access includes 1 bus stop. The crime rate in the Richmond Valley LGA is moderate at 5,127 incidents per 100,000 population.
On the investment side, Myrtle Creek shows a gross rental yield of approximately 4.6%, rated as moderate yield. Property prices sit below the state median ($415K/$1.5M), which can point to relative value. The price-to-income ratio of 9.4x is considered moderate. House prices have moved -9.8% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.