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Sales Activity
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Population
An assessment of population growth drivers in Oberon reveals an overall ranking slightly below national averages considering recent, and medium term trends
Oberon's population, as of August 2025, is approximately 5,012 people. This figure represents an increase of 178 individuals since the 2021 Census, which reported a population of 4,834 people. The growth is inferred from the estimated resident population of 4,923 in June 2024 and an additional 61 validated new addresses since the Census date. This results in a population density ratio of 1.7 persons per square kilometer. Oberon's growth rate of 3.7% since the 2021 census is higher than the SA4 region's growth rate of 2.7%, indicating it as a growth leader in the area. Overseas migration was the primary driver of population gains during this period.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilizes NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Based on demographic trends and latest population numbers, Oberon is expected to increase by approximately 248 persons by 2041, reflecting a total increase of 1.6% over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Oberon according to AreaSearch's national comparison of local real estate markets
Oberon has seen approximately 20 new homes approved per year. Over the past five financial years, from FY-21 to FY-25, around 102 homes were approved, with an additional 8 approved so far in FY-26. On average, about 0.4 people have moved to the area each year for every dwelling built during these five financial years.
This indicates that new supply has been keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. The average construction cost value of new dwellings is around $601,000, which is moderately above regional levels, suggesting an emphasis on quality construction. In terms of commercial development, approximately $4.7 million in approvals have been registered this financial year, reflecting the area's primarily residential nature.
Compared to the Rest of NSW, Oberon maintains similar development levels per person, indicating a balanced market consistent with the broader region. The new development consists of 89% detached dwellings and 11% attached dwellings, preserving the area's traditional low density character and focusing on family homes that appeal to those seeking space. With approximately 258 people per dwelling approval, Oberon indicates a low density market. Looking ahead, Oberon is projected to grow by around 80 residents by the year 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Oberon has emerging levels of nearby infrastructure activity, ranking in the 29thth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 11 projects likely impacting the area. Key projects include Bracken Estate, Oberon, Yetholme Village Plan, Mount Lambie Wind Farm, and McKanes Bridge Upgrade. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Wallerawang 9 Battery Energy Storage System
A 500MW/1,000MWh Battery Energy Storage System to be developed in two stages (Stage 1: 300MW/2hrs, Stage 2: 300MW/4hrs) on the site of the former Wallerawang Power Station. The BESS will connect to the adjacent 330kV TransGrid Wallerawang Substation to provide grid stability, firming capacity for renewable energy, and frequency control ancillary services. Shell Energy acquired development rights from Greenspot in January 2023 and is progressing grid connection approvals and modifications to the existing development approval. Construction is scheduled to begin from 2025 onwards, subject to Final Investment Decision. The project will create up to 100 construction jobs during peak construction period and up to 5 operational jobs.
Lake Lyell Pumped Hydro Energy Storage Project
A pumped hydro energy storage project near Lithgow, NSW, using Lake Lyell as the lower reservoir and a new upper reservoir behind the southern ridge of Mount Walker. Originally proposed at 335 MW, value engineering increased capacity to approximately 385 MW with up to 8 hours of storage (÷3,080 MWh). The underground powerhouse is located 170m below ground with two reversible pump-turbine units. The project, a joint venture between EnergyAustralia (25%) and EDF Power Solutions Australia (75%), has been declared Critical State Significant Infrastructure (CSSI) by the NSW Government. It remains in the Prepare EIS phase, with EIS submission targeted for 2025, approvals 2026, construction 2027-2031, and operations from 2031. The project supports NSW's renewable energy transition by storing excess renewable generation and dispatching during peak demand.
Mount Lambie Wind Farm
A 200 MW wind generation project with 100 MW battery energy storage system (BESS) capable of powering approximately 115,000 homes annually. The project will connect to the existing transmission network to supply clean energy to the National Electricity Market, contributing to NSW Government's target to halve emissions by 2030 and achieve net zero by 2050. Located near the retiring Mt Piper and former Wallerawang coal-fired power stations, the project features up to 20 wind turbines spread over a 12-kilometer radius and will generate significant investment and economic benefits for the Lithgow region. Expected to create up to 150 jobs during construction and operate for 25-35 years.
Limerick Wind Farm
Proposed wind farm with 80-100 turbines being developed by Stromlo Energy in partnership with TagEnergy. Project includes overhead connection line to 500kV transmission infrastructure.
Great Western Highway Upgrade - Katoomba to Lithgow
Targeted upgrades on the Great Western Highway between Katoomba and Lithgow to improve safety, traffic flow and resilience. Active works in 2023-2025 include the Medlow Bath Upgrade (1.2 km widening to four lanes and a new pedestrian bridge with lifts) and the Coxs River Road Upgrade at Little Hartley (2.4 km four-lane realignment and new grade-separated interchange). The Medlow Bath pedestrian bridge opened in April 2025; the road works and Coxs River Road Upgrade are expected to complete in late 2025. Broader duplication proposals, including the Blackheath to Little Hartley tunnel, remain paused pending funding.
Lithgow Council Subdivision 47 Allotments
Council-owned land subdivision into 47 residential allotments developed in 2 construction stages. The project includes new roads, supporting infrastructure, and bulk earthworks to create housing opportunities in the growing Bowenfels area. This development addresses the increasing housing demand in the Lithgow region, particularly in anticipation of population growth from the Western Sydney Airport development.
Bracken Estate, Oberon
Final stage of a rural residential subdivision offering large lots approximately 2 ha each near Oberon township, with sealed road access, full fencing, and three-phase power. Lots are currently available for sale, priced from $470,000 to $495,000.
Yetholme Village Plan
The Yetholme Village Plan will act as a guide for future planning and development for the community. This plan identifies the preferred future, opportunities and challenges, and aligns with Bathurst 2036 Community Strategic Plan through its strategies and objectives which have been developed in consultation with the Yetholme community.
Employment
AreaSearch analysis places Oberon well above average for employment performance across multiple indicators
Oberon has a skilled workforce with strong representation in manufacturing and industrial sectors, and an unemployment rate of 1.3% as of June 2025. There are 2,581 residents employed, with the unemployment rate being 2.3% lower than Rest of NSW's rate of 3.7%.
Workforce participation is somewhat lower at 53.4%, compared to Rest of NSW's 56.4%. Leading employment industries include manufacturing, agriculture, forestry & fishing, and health care & social assistance. Manufacturing has a particularly notable concentration with employment levels at 3.4 times the regional average. Health care & social assistance, however, has limited presence with 10.2% employment compared to 16.9% regionally.
Many residents commute elsewhere for work based on Census data. In the 12-month period ending June 2025, labour force decreased by 2.7% and employment declined by 3.1%, causing unemployment rate to rise by 0.4 percentage points. This compares to Rest of NSW where employment fell by 0.1%, labour force expanded by 0.3%, and unemployment rose by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% expansion over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Oberon's employment mix suggests local growth of approximately 4.7% over five years and 11.1% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
The latest postcode level ATO data from AreaSearch for financial year 2022 shows that Oberon has lower income compared to national averages. The median income is $50,854 and the average income stands at $60,246. In contrast, Rest of NSW's figures are a median income of $49,459 and an average income of $62,998. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Oberon as of September 2025 would be approximately $57,267 (median) and $67,843 (average). Census data reveals that household, family, and personal incomes all rank modestly in Oberon, between the 27th and 35th percentiles. Distribution data shows that the largest segment comprises 31.4% earning $1,500 - $2,999 weekly (1,573 residents), which is similar to the regional pattern where 29.9% occupy this range. Housing costs are manageable with 87.2% retained, however disposable income sits below average at the 31st percentile.
Frequently Asked Questions - Income
Housing
Oberon is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
The dwelling structure in Oberon, as per the latest Census, consisted of 93.5% houses and 6.6% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro NSW had 86.1% houses and 13.9% other dwellings. Home ownership in Oberon stood at 44.9%, with mortgaged dwellings at 31.6% and rented ones at 23.4%. The median monthly mortgage repayment was $1,517, below Non-Metro NSW's average of $1,733. The median weekly rent in Oberon was $280, compared to Non-Metro NSW's $315. Nationally, Oberon's mortgage repayments were lower at $1,517 than the Australian average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Oberon features high concentrations of lone person households, with a lower-than-average median household size
Family households constitute 67.0% of all households, including 21.9% couples with children, 33.1% couples without children, and 11.4% single parent families. Non-family households account for the remaining 33.0%, with lone person households at 30.7% and group households comprising 2.5%. The median household size is 2.3 people, which is smaller than the Rest of NSW average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Oberon faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 16.6%, significantly lower than the NSW average of 32.2%. Bachelor degrees are the most common at 12.0%, followed by postgraduate qualifications (3.2%) and graduate diplomas (1.4%). Vocational credentials are prevalent, with 42.9% of residents aged 15+ holding such qualifications, including advanced diplomas (9.3%) and certificates (33.6%). Educational participation is high at 30.4%, with 12.6% in primary education, 8.6% in secondary education, and 2.5% pursuing tertiary education.
Oberon's four schools have a combined enrollment of 530 students, serving distinct age groups with balanced educational opportunities (ICSEA: 951). School places per 100 residents are lower than the regional average at 10.6, with some students likely attending schools in nearby areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Oberon has 170 active public transport stops, all of which are bus stops. These stops are served by 21 different routes that together offer 235 weekly passenger trips. The accessibility of the transport system is rated as good, with residents typically located 307 meters from their nearest stop.
On average, there are 33 trips per day across all routes, which equates to approximately one weekly trip per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Oberon is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Oberon faces significant health challenges, with common conditions prevalent across both younger and older age groups. Approximately half (50%) of Oberon's total population (~2,480 people) has private health cover, lower than the national average of 55.3%.
The most common medical conditions are arthritis (10.6% of residents) and asthma (8.5%), while 62.8% report no medical ailments, slightly less than Rest of NSW's 63.5%. Oberon has a higher proportion of seniors aged 65 and over at 26.9% (1,347 people), compared to Rest of NSW's 19.4%. Despite this, health outcomes among seniors in Oberon are strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Oberon is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Oberon, assessed for cultural diversity, had 82.4% citizens, 87.4% born in Australia, and 94.0% speaking English only at home. Christianity was the dominant religion, at 65.8%, compared to 61.6% across Rest of NSW. The top three ancestry groups were English (31.5%), Australian (30.4%), and Irish (11.7%).
Notably, Australian Aboriginal representation was higher in Oberon at 3.5% versus 4.6% regionally, Maltese at 0.5% versus 0.4%, and Hungarian at 0.3% versus 0.2%.
Frequently Asked Questions - Diversity
Age
Oberon hosts an older demographic, ranking in the top quartile nationwide
Oberon's median age in 2021 was 48 years, which is older than Rest of NSW's median age of 43 years, and significantly higher than Australia's median age of 38 years. The age profile showed that the 75-84 year-old group constituted 9.9% of Oberon's population, while the 25-34 year-old group made up 9.8%. Post-2021 Census data indicated that the 75 to 84 age group grew from 8.4% to 9.9%, while the 65 to 74 age group declined from 15.7% to 13.9%, and the 5 to 14 age group decreased from 12.0% to 10.9%. Demographic modeling suggests that Oberon's age profile will change significantly by 2041, with the 85+ age cohort projected to expand from 153 to 240 people, an increase of 86 people (56%). Conversely, population declines are projected for the 15-24 and 55-64 age cohorts.