Caerleon is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 184, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $101K per year, with an average household size of 2.9 people. The most common occupations are community & personal service, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Caerleon is $699,000, having surged 207.9% over the past year. Units have a median price of $550,000 (+50.1% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Caerleon offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($699K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +207.9% year-on-year.
Caerleon is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 184, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $101K per year, with an average household size of 2.9 people. The most common occupations are community & personal service, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Caerleon is $699,000, having surged 207.9% over the past year. Units have a median price of $550,000 (+50.1% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Caerleon offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($699K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +207.9% year-on-year.