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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
Based on AreaSearch's analysis, Oberon's population is around 5,012 as of Aug 2025. This reflects an increase of 178 people since the 2021 Census, which reported a population of 4,834 people. The change is inferred from the estimated resident population of 4,923 from the ABS as of June 2024 and an additional 61 validated new addresses since the Census date. Oberon's population equates to a density ratio of 1.7 persons per square kilometer. Oberon's growth of 3.7% since the 2021 census exceeded the SA4 region's growth of 2.7%. Population growth was primarily driven by overseas migration.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group are applied to all areas for years 2032 to 2041. Based on demographic trends and latest population numbers, Oberon is expected to expand by 248 persons to 2041, reflecting an increase of 1.6% over the 17 years.
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 annually. Over the past five financial years, from FY-21 to FY-25, around 102 homes were approved, with another 8 approved so far in FY-26. On average, about 0.4 people per year moved to the area for each dwelling built during these five years.
This indicates that new supply is meeting or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. The average expected construction cost value of new dwellings in Oberon is $601,000, which is moderately above regional levels, suggesting an emphasis on quality construction. In FY-26, approximately $4.7 million worth of commercial approvals have been registered, 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 in Oberon consists of 89.0% detached dwellings and 11.0% attached dwellings, preserving the area's traditional low density character with a focus 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 2041. At current development rates, new housing supply should comfortably meet demand, offering 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
Eleven projects have been identified by AreaSearch as potentially impacting the area's performance. These include major initiatives such as Bracken Estate, Oberon, Yetholme Village Plan, Mount Lambie Wind Farm, and McKanes Bridge Upgrade. The following list details those considered most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Low and Mid-Rise Housing Policy
State-wide NSW planning reforms via amendments to the State Environmental Planning Policy to enable more diverse low and mid-rise housing (dual occupancies, terraces, townhouses, manor houses and residential flat buildings up to 6 storeys) in well-located areas within 800 m of selected train, metro and light-rail stations and town centres. Stage 1 (dual occupancies in R2 zones statewide) commenced 1 July 2024. Stage 2 (mid-rise apartments, terraces and dual occupancies near stations) commenced 28 February 2025. Expected to facilitate up to 112,000 additional homes over the next five years.
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.
Employment
AreaSearch analysis places Oberon well above average for employment performance across multiple indicators
Oberon's workforce is skilled with manufacturing and industrial sectors well-represented. Unemployment rate was 1.3% as of June 2025.
There were 2,581 employed residents then, with unemployment 2.3% below Rest of NSW's 3.7%. Workforce participation was lower at 53.4%, compared to Rest of NSW's 56.4%. Key employment industries include manufacturing, agriculture, forestry & fishing, and health care & social assistance. Manufacturing is notably concentrated with levels at 3.4 times the regional average.
Health care & social assistance has limited presence at 10.2% compared to regional 16.9%. Many residents commute elsewhere for work based on Census data comparison of working population to local population. Between June 2024 and June 2025, labour force decreased by 2.7%, employment declined by 3.1%, causing unemployment rate to rise by 0.4 percentage points. In Rest of NSW, employment fell by 0.1%, labour force expanded by 0.3%, and unemployment rose by 0.4 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May 2025 suggest potential future demand in Oberon. Over five years, national employment is projected to grow by 6.6% and over ten years by 13.7%. 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
AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Oberon is lower than average nationally. The median income was $50,854 and the average was $60,246. This contrasts with Rest of NSW where the median income was $49,459 and the average was $62,998. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Oberon would be approximately $57,267 (median) and $67,843 (average) as of September 2025. Census data reveals that household, family and personal incomes in Oberon rank modestly, 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), reflecting patterns seen in the region where 29.9% similarly occupy this range. Housing costs are manageable with 87.2% retained, though 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
Dwelling structure in Oberon, as evaluated at the latest Census, comprised 93.5% houses and 6.6% other dwellings. In Non-Metro NSW, this was 86.1% houses and 13.9% other dwellings. Home ownership in Oberon was 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. Median weekly rent in Oberon was $280, compared to Non-Metro NSW's $315. Nationally, Oberon's mortgage repayments were lower at $1,517 versus 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 comprise the remaining 33.0%, with lone person households at 30.7% and group households making up 2.5% of the total. 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 has university qualification rates of 16.6%, significantly lower than the NSW average of 32.2%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 12.0%, followed by postgraduate qualifications (3.2%) and graduate diplomas (1.4%). Trade and technical skills are prominent, with 42.9% of residents aged 15+ holding vocational credentials - advanced diplomas (9.3%) and certificates (33.6%).
Educational participation is high at 30.4%, including 12.6% in primary education, 8.6% in secondary education, and 2.5% pursuing tertiary education. Oberon's 4 schools have a combined enrollment of 530 students as of the given date, serving typical Australian school conditions with balanced educational opportunities (ICSEA: 951). Education provision is balanced with 3 primary and 1 secondary school serving distinct age groups. School places per 100 residents are lower than the regional average at 10.6, indicating some students may attend schools in adjacent 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. These are served by a mix of buses operating along 21 different routes. Together, these routes facilitate 235 weekly passenger trips.
The accessibility of the service is rated as good, with residents on average being located 307 meters from their nearest transport stop. On average, there are 33 daily trips across all routes, which translates 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 frequent medical conditions are arthritis (10.6% of residents) and asthma (8.5%), while 62.8% report no medical ailments, slightly lower 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 notably strong, outperforming the general population in various 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's population shows limited cultural diversity, with 82.4% being citizens, 87.4% born in Australia, and 94.0% speaking English only at home. Christianity is the predominant religion, practiced by 65.8%, compared to 61.6% regionally. The top three ancestry groups are English (31.5%), Australian (30.4%), and Irish (11.7%).
Notably, Australian Aboriginal people make up 3.5% of Oberon's population, higher than the regional average of 4.6%. Maltese and Hungarian populations also show slight increases, at 0.5% and 0.3%, respectively, compared to regional averages of 0.4% and 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 and significantly higher than Australia's median age of 38. The age profile showed that the 75-84 year-olds made up 9.9% of Oberon's population, while the 25-34 group constituted only 9.8%. Post-Census data from 2021 revealed that the 75 to 84 age group had grown from 8.4% to 9.9%, while the 65 to 74 cohort had declined from 15.7% to 13.9% and the 5 to 14 group had dropped 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 increase by 86 people (from 153 to 240), while population declines are expected for the 15-24 and 55-64 cohorts.