Austral Eden is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 145, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Austral Eden is $785,000, having surged 105.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,350.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Austral Eden offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +105.5% year-on-year.
Austral Eden is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 145, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Austral Eden is $785,000, having surged 105.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,350.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Austral Eden offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +105.5% year-on-year.