Babyl Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 4, the suburb has an older demographic with a median age of 64. Households earn a median income of $30K per year, with an average household size of 1 people.
The median house price in Babyl Creek is $1.1 million, having surged 7670.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.1%.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Babyl Creek offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 38.5x is considered stretched. House prices have moved +7670.3% year-on-year.
Babyl Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 4, the suburb has an older demographic with a median age of 64. Households earn a median income of $30K per year, with an average household size of 1 people.
The median house price in Babyl Creek is $1.1 million, having surged 7670.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.1%.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Babyl Creek offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 38.5x is considered stretched. House prices have moved +7670.3% year-on-year.