Auburn Vale is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 127, the suburb has a mature demographic with a median age of 47. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Auburn Vale is $680,000, having dropped significantly 20% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,820.
Public transport access includes 2 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Auburn Vale offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved -20.0% year-on-year.
Auburn Vale is a quiet locality in New South Wales within the Inverell local government area (postcode 2360). With a population of 127, the suburb has a mature demographic with a median age of 47. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Auburn Vale is $680,000, having dropped significantly 20% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,820.
Public transport access includes 2 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Auburn Vale offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved -20.0% year-on-year.