Carrs Peninsula NSW

Postcode 2460 · Clarence Valley LGA

Carrs Peninsula is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 17, the suburb has a mature demographic with a median age of 52. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are Australian, English.

The median house price in Carrs Peninsula is $1.6 million, having surged 169.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $540.

The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.

From an investment perspective, Carrs Peninsula offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 26.0x is considered stretched. House prices have moved +169.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.6% Low Yield
Price vs State$1.6M/$1.5M Near Median
Affordability26.0x Stretched
Price Momentum+169.2% Rising
SEIFA INDEX (ABS)
Advantage2/10
Education2/10
Economic3/10
Disadvantage2/10
MEDIAN HOUSE
$1.6M
169.2% YoY
MEDIAN RENT /WK
$293
POPULATION
17
DEMOGRAPHICS
Median Age52
Household Size2.4
HH Income /wk$1,166
Personal Income /wk$674
Mortgage /mth$540
CRIME (Clarence Valley LGA)
Crime Rate (per 100k)4,981
Total Incidents2,791
Data: 2022