Carnham is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 4, the suburb has an older demographic with a median age of 73. Households earn a median income of $38K per year, with an average household size of 1.7 people.
The median house price in Carnham is $333,000, having surged 48% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.5%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Carnham offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($333K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +48.0% year-on-year.
Carnham is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 4, the suburb has an older demographic with a median age of 73. Households earn a median income of $38K per year, with an average household size of 1.7 people.
The median house price in Carnham is $333,000, having surged 48% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.5%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Carnham offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($333K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +48.0% year-on-year.