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Suburb Insights ยท NSW 2734

Mellool 2734, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mellool is a regional centre in New South Wales, Australia, with a population of approximately 43, making it a boutique locality. Located approximately 699 km from the Sydney CBD, Mellool is a regional area in New South Wales. The median household income is $68,224 AUD per year (ABS 2021 Census).

Investment Score

32 / 100 Weak

Lower income levels in Mellool typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Mellool, New South Wales, Australia.

Key Indicators

Postcode
2734

Official Australia Post postcode for Mellool. A postcode may cover multiple suburbs.

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Population
43

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$165/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$68,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
699 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
81% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Mellool serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $165/week (ABS 2021) indicates an affordable rental market. 81% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Mellool over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Mellool tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Mellool face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Mellool

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Mellool may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Mellool's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Mellool a good suburb for investment?

Mellool is a regional area in New South Wales with a population of 43. The median rent is $165/week and the median household income is $68,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mellool?

Key demand drivers in Mellool include regional employment hubs, lifestyle, and affordability. 81% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mellool?

According to the ABS 2021 Census, Mellool has a population of approximately 43. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mellool from the Sydney CBD?

Mellool is approximately 699 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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