Barkers Vale is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 196, the suburb has a mature demographic with a median age of 50. Households earn a median income of $41K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Barkers Vale is $200,000, having dropped significantly 80% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 24.1%. The median monthly mortgage repayment is $1,219.
Public transport access includes 10 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Barkers Vale offers a gross rental yield of 24.1%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -80.0% year-on-year.
Barkers Vale is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 196, the suburb has a mature demographic with a median age of 50. Households earn a median income of $41K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Barkers Vale is $200,000, having dropped significantly 80% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 24.1%. The median monthly mortgage repayment is $1,219.
Public transport access includes 10 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Barkers Vale offers a gross rental yield of 24.1%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -80.0% year-on-year.