Braunstone is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 284, the suburb has a mature demographic with a median age of 47. Households earn a median income of $86K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Braunstone is $870,000, having surged 55.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Braunstone offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +55.4% year-on-year.
Braunstone is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 284, the suburb has a mature demographic with a median age of 47. Households earn a median income of $86K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Braunstone is $870,000, having surged 55.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Braunstone offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +55.4% year-on-year.