Brushy Creek is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 37, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Brushy Creek is $3.3 million, having dropped significantly 9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $2,250.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Brushy Creek offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 56.0x is considered stretched. House prices have moved -9.0% year-on-year.
Brushy Creek is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 37, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Brushy Creek is $3.3 million, having dropped significantly 9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $2,250.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Brushy Creek offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 56.0x is considered stretched. House prices have moved -9.0% year-on-year.