Broken Head is a quiet locality in New South Wales within the Byron local government area (postcode 2481). With a population of 385, the suburb has an established demographic with a median age of 43. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Broken Head is $4.2 million, having surged 125% over the past year. Units have a median price of $3.6 million (+26.3% YoY). The current median weekly rent is $995. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Broken Head offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($4.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.3x is considered stretched. House prices have moved +125.0% year-on-year.
Broken Head is a quiet locality in New South Wales within the Byron local government area (postcode 2481). With a population of 385, the suburb has an established demographic with a median age of 43. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Broken Head is $4.2 million, having surged 125% over the past year. Units have a median price of $3.6 million (+26.3% YoY). The current median weekly rent is $995. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,600.
Public transport access includes 6 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Broken Head offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($4.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.3x is considered stretched. House prices have moved +125.0% year-on-year.