Buccarumbi is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 30, the suburb has an older demographic with a median age of 59. Households earn a median income of $54K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English, Irish.
The median house price in Buccarumbi is $235,000, having grown strongly 6.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 10.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Buccarumbi offers a gross rental yield of 10.6%, rated as high yield. Property prices sit below the state median ($235K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved +6.8% year-on-year.
Buccarumbi is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 30, the suburb has an older demographic with a median age of 59. Households earn a median income of $54K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, English, Irish.
The median house price in Buccarumbi is $235,000, having grown strongly 6.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 10.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Buccarumbi offers a gross rental yield of 10.6%, rated as high yield. Property prices sit below the state median ($235K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.3x is considered affordable. House prices have moved +6.8% year-on-year.