Carrs Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 10, the suburb has an established demographic with a median age of 42. Households earn a median income of $59K per year, with an average household size of 2.5 people. The top ancestries reported are English, Australian.
The median house price in Carrs Island is $340,000, having remained flat 0% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.3%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Carrs Island offers a gross rental yield of 7.3%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +0.0% year-on-year.
Carrs Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 10, the suburb has an established demographic with a median age of 42. Households earn a median income of $59K per year, with an average household size of 2.5 people. The top ancestries reported are English, Australian.
The median house price in Carrs Island is $340,000, having remained flat 0% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.3%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Carrs Island offers a gross rental yield of 7.3%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +0.0% year-on-year.