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Suburb Insights ยท NSW 2642

Rand 2642, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Rand is a regional centre in New South Wales, Australia, with a population of approximately 192, making it a boutique locality. Located approximately 468 km from the Sydney CBD, Rand is a regional area in New South Wales. The median household income is $69,836 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Household earnings in Rand are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Rand, New South Wales, Australia.

Key Indicators

Postcode
2642

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

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Population
192

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

ABS Census Data โ†’
Median Rent (weekly)
$120/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
$69,836/yr

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

ABS Census Data โ†’
Distance to CBD
468 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)
$510/mo

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

ABS Census Data โ†’
Dwelling Type
85% 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, Rand 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 $120/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $510/month. 85% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Rand's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Rand makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Rand property

Full Property Analysis

30-year projections for Rand

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Rand is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Rand is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Rand a good suburb for investment?

Rand is a regional area in New South Wales with a population of 192. The median rent is $120/week and the median household income is $69,836/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 Rand?

Key demand drivers in Rand include regional employment hubs, lifestyle, and affordability. 85% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Rand?

According to the ABS 2021 Census, Rand has a population of approximately 192. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Rand from the Sydney CBD?

Rand is approximately 468 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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