Alumy Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 86, the suburb has an established demographic with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Alumy Creek is $1.9 million, having surged 395.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,907.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Alumy Creek offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 28.2x is considered stretched. House prices have moved +395.4% year-on-year.
Alumy Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 86, the suburb has an established demographic with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Alumy Creek is $1.9 million, having surged 395.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,907.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Alumy Creek offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 28.2x is considered stretched. House prices have moved +395.4% year-on-year.