Brushgrove is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 181, the suburb has an older demographic with a median age of 61. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Brushgrove is $675,000, having surged 55.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,387.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Brushgrove offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($675K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +55.2% year-on-year.
Brushgrove is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 181, the suburb has an older demographic with a median age of 61. Households earn a median income of $59K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Brushgrove is $675,000, having surged 55.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,387.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Brushgrove offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($675K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved +55.2% year-on-year.