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Suburb Insights · NSW 2424

Number One, NSW 2424 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Number One is a regional centre in New South Wales, Australia, with a population of approximately 27, making it a boutique locality. Located approximately 252 km from the Sydney CBD, Number One is a regional area in New South Wales. The median household income is $71,448 per year.

Investment Score

32 / 100 Weak

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

Location

Sydney
Number One
New South Wales · 2424
252 km from Sydney CBD
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Key Indicators

Postcode
2424

Official Australia Post postcode for Number One. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
27

Usual resident population at the most recent census.

Median weekly rent
N/A

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$71,448/yr

Annual median household income (before tax) across all households.

Distance to CBD
252 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,582/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
53% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Number One is a smaller community of 27 — about 1% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Number One's median household income of $71,448/year is 27% below the New South Wales suburb median ($97,552) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Number One is 252 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 53% of dwellings are separate houses (vs 76% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Number One vs New South Wales Median

How Number One stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Number One sits above the state median; negative means below.

MetricNumber OneNSW medianΔ vs state
Population275,325-99%
Median household income$71,448/yr$97,552/yr-27%
Median mortgage (monthly)$1,582$2,167-27%
Distance to CBD252 km45 km+460%
Separate houses53%76%-23pp

Investor Checklist

Pre-inspection briefing for Number One — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 27 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

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Rental Yield

Median rental data was not captured for Number One. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

Renovation / Flip

Only 53% of dwellings are separate houses (vs 76% NSW median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Number One property

Full Property Analysis

30-year projections for Number One

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Number One are modest for 2026 — incomes 27% below the NSW median of $97,552 and a population of 27 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Number One. The EquitySight investment score of 32/100 places Number One in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Number One a good suburb for investment?

Number One scores 32/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 27, median household income of $71,448/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Number One?

The main demand drivers in Number One are a median household income of $71,448/year, a dwelling mix that is 53% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Number One?

Number One has a usual resident population of approximately 27, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Number One from the Sydney CBD?

Number One sits 252 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Number One?

A reliable median rent was not captured for Number One. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Number One?

The median monthly mortgage repayment in Number One is $1,582, or approximately $18,984/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Number One cash-flow positive for investors?

Census data was not complete enough in Number One to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Number One?

The main risks are a thin buyer pool (27 residents), interest-rate sensitivity on the $1,582 median mortgage, below-median household incomes ($71,448 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Number One profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources