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Suburb profile ·Griffith LGA · NSW ·2680

Nericon NSW 2680

Nericon is in Griffith LGA, NSW, postcode 2680, with population 278.

The read

Growth-momentum

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$450/wk
Falling
-4.3% YoY
Jun 2025 → Jun 2026 · 13 periods
NSW Fair Trading · postcode 2680 · Jun 2026
$505
$450
Jun 2025Jun 2026
Why it fits

Recent price movement shows visible market momentum. Transport coverage adds a practical access signal.

What to check

Small local population makes the signal set more fragile.

Median house
$700K
House median, latest period
97.2%YoY D4 vs AU
Median rent
$450/wk
Rent context available
4.3%YoY D10 vs AU
Gross yield
3.3%
Below investor band
D10 vs AU
Population
27,458
27K via Griffith LGA · SAL undercount
Schools
No matched school data
Drive to city
Not in commute dataset
Solar
4,532
290 added 12mo · 45MW
Price cycleAt its peak
LowPeak

At / near its all-time high

See trend depth →

Price history

Trend & investor depth

Cycle positionAt its peak
Low · 2015Peak · 2024

At / near its all-time high

Price growth (compound)% per year
3-yr
+50.6%
Indicative cashflow-$352/wk (-$18,290/yr) · interest-only @ 6.4%, 80% LVR
Rent stabilitystable — rents vary ±3.6% around trend (short window, 13 pts)
Value vs advantage-21% vs suburbs of similar SEIFA advantage (decile 5)

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection. Turnover divides recorded sales by an estimated household count (population over average household size).

Investor profile

Who invests in Nericon

Owner-occupied 82%Rented 18%
Investor activityATO
Negatively geared4%
695 of 1,918 landlords
Avg rental loss$7,045/yr
Landlords (rental income)1,918
Reported capital gains1,036
The read

Owner-occupier stronghold

77% of homes here are owner-occupied and 17% rented, with 4% of landlords negatively geared.

Why it fits

77% owner-occupied — owner-occupiers hold longer and absorb rate shocks, supporting price stability.

What to check

Gross yield 3.3% is thin — returns here lean on capital growth, not cash flow.

ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.

Mortgage affordability

42%
of household income to service a new loan
9.5 yrs
to save a 20% deposit
Stretched
housing-stress band
Rent vs buyRenting cheaper

New-loan repayment $3,430/mo vs median rent $1,950/mo (+76% · +$341/wk)

If rates move

At 4.2%: $2,738/mo (-691) · at 6.2% (current): $3,430/mo · at 8.2%: $4,187/mo (+758)

Assumes a 20% deposit and a 30-year principal-and-interest loan at the current RBA new owner-occupier variable rate, against median weekly household income (ABS Census 2021). Stress bands follow the 30% / 45%-of-income thresholds used in ANZ-CoreLogic and AIHW reporting. Rent vs buy compares that repayment with the suburb's median advertised rent; it excludes rates, insurance, maintenance and deposit opportunity cost.

Stronger alternatives nearby

Higher yield

similar price · cross-LGA

More affordable

lower price-to-income

Alternatives are similar-priced suburbs (0.7–1.4x this suburb's median) in other council areas that exceed it on the named metric. Indicative — not financial advice.

Affordability

Buying
7.1x
median home price as a multiple of annual household income
Moderate
Renting
24%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $1,625/mo, while renters pay about $1,950/mo — renting runs $325/mo higher on these medians.

Median price
$700K
Household income · yr
$98K
Median rent · wk
$450
Owner mortgage · mo
$1,625
Gross yield
3.3%

Household income

$98K household · yr+19.4% vs NSW suburb median
Personal
$44K
Family
$110K
Household
$98K
Household income distribution (ABS Census 2021 · weekly)28% could service the median house
Under $300
0
$300-649
10
$650-999
11
$1,000-1,499
14
$1,500-1,999
11
$2,000-2,999
22
$3,000-3,999
11
$4,000+
6

Serviceability line: a household needs about $2,638/wk to hold a new loan on the median house at 30% of income (20% deposit, 30-year P&I, current RBA rate).

At the median asking rent, about 41% of households here would spend more than 30% of income on rent (rent stress line: $1,500/wk income).

Housing stock and tenure

Tenure (88 households)
Owned outright
44%
Owned with mortgage
33%
Rented
17%
Dwelling structure7.5% of dwellings unoccupied on census night
Separate house
93%
Townhouse / semi
0%
Flat / apartment
0%

Getting to work: 76% drive, 0% public transport, 3% walk or cycle, 18% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).

Crime April 2025 - March 2026
1,159
4,239 per 100k
D6 vs AU

Crime

Rate · per 100k4,239
Total incidents1,159· April 2025 - March 2026
  • Assault31658%
  • Sexual Offences9417%
  • Robbery51%
  • Break And Enter12723%

Building due diligence

Construction requirements can change by location.

The National Construction Code is the baseline. Local hazards and site classifications can change the required structure, materials, fixings, insulation and detailing.

Known here

SUBURB CONTEXT

Bushfire-prone land

High broad-area context

About 45.8% of the suburb intersects mapped bushfire-prone land.

May affect: External construction · Roof and wall systems · Openings, screens and decks

Check the property

ADDRESS + DESIGN

NCC climate zone

Check the property

Confirm the NCC climate zone used for the building design and energy provisions.

May affect: Insulation and glazing · Condensation control · Roof-space ventilation

Wind class and BAL

Site assessment required

A suburb layer cannot determine the site wind classification or Bushfire Attack Level.

May affect: Structure and tie-downs · Cladding and fixings · Openings and bushfire detailing

Corrosion and termite exposure

Check the property

Confirm marine or corrosive exposure and the applicable termite-management requirements.

May affect: Fasteners and connectors · Roofing and coatings · Termite management

This screen identifies investigation triggers, not building quality or property compliance. Confirm the address, design and current jurisdiction rules with the council, building surveyor or certifier, designer and engineer.

NCC 2022 Housing Provisions: how to use · NCC 2022 Volume Two and Housing Provisions

Bushfire exposure

High exposure ~45.8%
~45.8% of the suburb is Bush Fire Prone Land · ~1.6% Category 1 (highest hazard)

Estimated exposure to NSW RFS Bush Fire Prone Land (CC BY), point-sampled across the suburb. This shows how much of the suburb sits within the official hazard layer — it is not a Bushfire Attack Level (BAL) rating or a property-level assessment. Obtain a BAL assessment (AS 3959) for an individual property.

Planning zones

Dominant zone Primary Production
Rural / Green wedge 95% Residential 3% Public / Open space 2%
Residential density: Low

Land-use mix estimated by point-sampling the suburb against NSW EPI Land Zoning polygons (CC BY 4.0). This is a suburb-level snapshot of planning zones, not a parcel-level zoning certificate or development advice. Check the relevant planning scheme for an individual property.

Population outlook

12,840 people · 202212,618 by 2032 (-1.7%)

ABS population projection (2022 base) for the Griffith Surrounds SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.

Full data detail Census · ATO · ABS · state datasets
Nericon NSW — Property Data and Demographics

Nericon (postcode 2680) is a small, quiet locality in New South Wales within the Griffith local government area. It is home to about 278 residents, with an established family demographic and a median age of 39. Households earn a median income of $98K 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 +0.1% 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, labourers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Italian.

Median house prices in Nericon stand at $700,000, having jumped by 97.2% over the last twelve months. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,625.

Public transport access includes 23 bus stops. The crime rate in the Griffith LGA is moderate at 4,239 incidents per 100,000 population.

Looking at the investment signals, Nericon shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), which can point to relative value. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +97.2% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield3.3%· Moderate Yield
Price vs State$700K/$1.5M Below Median
Affordability7.1x· Moderate
Price Momentum+97.2% Rising
Pop. Growth+0.1%· Stable
Development+0%· Steady
InvestmentNSW
Mortgage · mth$1,625
Rent · wk(Census)$260
Market rent · wk(2026-06)$450
Gross yield1.9%
Price / income7.1x
Population growth · Griffith LGAABS ERP
Population (2025)27,458
5-year growth+0.2% CAGR
YoY change+0.1%
20012025
Development · Griffith LGAABS Approvals
Approvals (2026)102
Houses 74%Units 26%
YoY change+0%
Employment · Griffith LGASALM
Unemployment (Dec-25)2.5%
YoY change+0.2pp
Dec-10Dec-25
Property investors · Postcode 2680ATO
Negatively geared4%
695 of filers
Avg rental loss$7,045/yr
Landlords (rental income)1,918
Reported capital gains1,036
People & prosperity
DemographicsCensus 21
Population278
Median age39
Household size2.8
HH income · wk$1,890
Personal income · wk$850
Persons / bedroom0.8
SEIFA indexABS
Advantage (IRSAD)5/10
Education (IEO)4/10
Economic (IER)8/10
Disadvantage (IRSD)6/10
Income momentumCensus 16→21
HH income · wk$1,424 → $1,890
Change+32.7%
vs NSW median+12.1 pp
Median rent+44.4%
gentrifyingvs NSW 2016–21
Area & amenity
TransportGTFS
Bus stops23
Hospitals · Griffith LGAAIHW
Public1
Private1
Griffith Base Hospitalpublic
St. Vincent Private Community Hospital [Griffith]private
Aged care · Griffith LGAGEN
Facilities3
Residential places268
The Pioneers Lodge98 places
Scalabrini Village Griffith90 places
Uniting Griffith80 places
Childcare · Griffith LGAACECQA
Services11
Approved places728
Exceeding NQS2
Headstart Early Learning Centre Griffith120 places
Community Kids Griffith Early Education Centre90 places
Goodstart Early Learning Griffith-Clifton Boulevard76 places
Dorothy Waide Centre For Early Learning73 places
ASPIRE OSHC Hanwood62 places
Griffith East Preschool60 places
+5 more in Griffith LGA
Shortlist workspace

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Current status
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Sources & freshness
Strong evidence

Nericon has enough direct local evidence for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
NSW price medians are parser-guarded official records.

Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · 2024 · Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records
medium stability · automated · every update · weekly
Available
Market rent
NSW Fair Trading · 2026-06 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · April 2025 - March 2026 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 23 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Nericon FAQ

Common questions
  1. What LGA is Nericon in?

    Nericon is in the Griffith Local Government Area, NSW, postcode 2680. Council-level context for Griffith LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Nericon?

    The current median house price in Nericon, NSW is $700K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Nericon?

    The median weekly rent in Nericon is $450/wk, based on the current market rent dataset. The current rent signal is rent context available.

  4. What does the rent signal say about Nericon?

    Rent context available: Nericon has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Nericon a good investment?

    QuickProperty's investment signals for Nericon show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Nericon?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Nericon data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.