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Suburb Insights · NSW 2849

Upper Growee, NSW 2849 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Upper Growee is a regional centre in New South Wales, Australia, with a population of approximately 8, making it a boutique locality. Located approximately 176 km from the Sydney CBD, Upper Growee is a regional area in New South Wales. The median household income is $58,448 per year.

Investment Score

23 / 100 Weak

Household earnings in Upper Growee are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Sydney
Upper Growee
New South Wales · 2849
176 km from Sydney CBD
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Key Indicators

Postcode
2849

Official Australia Post postcode for Upper Growee. A postcode may cover multiple suburbs.

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Population
8

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
$58,448/yr

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

Distance to CBD
176 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
N/A

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

Home type
200% houses

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

Investment Insight

Upper Growee is a smaller community of 8 — about 0% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Upper Growee's median household income of $58,448/year is 40% 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. Upper Growee is 176 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 200% of dwellings — 124 percentage points above the New South Wales median of 76% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Upper Growee vs New South Wales Median

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

MetricUpper GroweeNSW medianΔ vs state
Population85,325-100%
Median household income$58,448/yr$97,552/yr-40%
Distance to CBD176 km45 km+291%
Separate houses200%76%+124pp

Investor Checklist

Pre-inspection briefing for Upper Growee — 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 8 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 Upper Growee. 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.

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Renovation / Flip

With 200% houses in a 8-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Upper Growee property

Full Property Analysis

30-year projections for Upper Growee

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Upper Growee are modest for 2026 — incomes 40% below the NSW median of $97,552 and a population of 8 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 Upper Growee. The EquitySight investment score of 23/100 places Upper Growee 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 Upper Growee a good suburb for investment?

Upper Growee scores 23/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 8, median household income of $58,448/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 Upper Growee?

The main demand drivers in Upper Growee are a median household income of $58,448/year, a dwelling mix that is 200% 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 Upper Growee?

Upper Growee has a usual resident population of approximately 8, 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 Upper Growee from the Sydney CBD?

Upper Growee sits 176 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 Upper Growee?

A reliable median rent was not captured for Upper Growee. 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 Upper Growee?

A reliable median mortgage figure was not captured for Upper Growee. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Upper Growee cash-flow positive for investors?

Census data was not complete enough in Upper Growee 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 Upper Growee?

The main risks are a thin buyer pool (8 residents), interest-rate sensitivity, below-median household incomes ($58,448 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 Upper Growee 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