Ashby Heights is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 292, the suburb has an older demographic with a median age of 55. Households earn a median income of $64K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Ashby Heights is $778,000, having dropped significantly 10.1% over the past year. Units have a median price of $830,000 (+28.7% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,300.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby Heights offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($778K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.1x is considered stretched. House prices have moved -10.1% year-on-year.
Ashby Heights is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 292, the suburb has an older demographic with a median age of 55. Households earn a median income of $64K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Ashby Heights is $778,000, having dropped significantly 10.1% over the past year. Units have a median price of $830,000 (+28.7% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,300.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby Heights offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($778K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.1x is considered stretched. House prices have moved -10.1% year-on-year.