Ashby Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 18, the suburb has an older demographic with a median age of 57. Households earn a median income of $53K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Ashby Island is $565,000, having risen modestly 0.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $3,250.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby Island offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +0.9% year-on-year.
Ashby Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 18, the suburb has an older demographic with a median age of 57. Households earn a median income of $53K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Ashby Island is $565,000, having risen modestly 0.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $3,250.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ashby Island offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +0.9% year-on-year.