Cascade is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 8, the suburb has an older demographic with a median age of 78. Households earn a median income of $30K per year, with an average household size of 1.5 people. The top ancestries reported are Australian, English.
The median house price in Cascade is $985,000, having remained flat 0% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 2.6%.
Cascade is served by 1 school, including 1 combined. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Cascade offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($985K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 32.9x is considered stretched. House prices have moved +0.0% year-on-year.
Cascade is a quiet locality in New South Wales within the Bellingen local government area (postcode 2453). With a population of 8, the suburb has an older demographic with a median age of 78. Households earn a median income of $30K per year, with an average household size of 1.5 people. The top ancestries reported are Australian, English.
The median house price in Cascade is $985,000, having remained flat 0% over the past year. The current median weekly rent is $485. This gives a gross rental yield of approximately 2.6%.
Cascade is served by 1 school, including 1 combined. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Cascade offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($985K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 32.9x is considered stretched. House prices have moved +0.0% year-on-year.