Blue Vale is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 81, the suburb has an established demographic with a median age of 38. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Blue Vale is $2.0 million, having surged 19130.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Blue Vale offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.5x is considered stretched. House prices have moved +19130.8% year-on-year.
Blue Vale is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 81, the suburb has an established demographic with a median age of 38. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Blue Vale is $2.0 million, having surged 19130.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Blue Vale offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.5x is considered stretched. House prices have moved +19130.8% year-on-year.