Blaxlands Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 113, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are professionals, sales, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Blaxlands Creek is $158,000, having dropped significantly 57.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 15.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 20 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Blaxlands Creek offers a gross rental yield of 15.8%, rated as high yield. Property prices sit below the state median ($158K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -57.9% year-on-year.
Blaxlands Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 113, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are professionals, sales, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Blaxlands Creek is $158,000, having dropped significantly 57.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 15.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 20 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Blaxlands Creek offers a gross rental yield of 15.8%, rated as high yield. Property prices sit below the state median ($158K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.0x is considered affordable. House prices have moved -57.9% year-on-year.