Cassilis is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2329). With a population of 278, the suburb has an established demographic with a median age of 42. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Cassilis is $188,000, having dropped significantly 53.9% over the past year. The current median weekly rent is $390. This gives a gross rental yield of approximately 10.8%. The median monthly mortgage repayment is $1,138.
Cassilis is served by 1 school, including 1 primary. The average ICSEA score is 959, which is around the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Cassilis offers a gross rental yield of 10.8%, rated as high yield. Property prices sit below the state median ($188K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -53.9% year-on-year.
Cassilis is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2329). With a population of 278, the suburb has an established demographic with a median age of 42. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Cassilis is $188,000, having dropped significantly 53.9% over the past year. The current median weekly rent is $390. This gives a gross rental yield of approximately 10.8%. The median monthly mortgage repayment is $1,138.
Cassilis is served by 1 school, including 1 primary. The average ICSEA score is 959, which is around the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Cassilis offers a gross rental yield of 10.8%, rated as high yield. Property prices sit below the state median ($188K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -53.9% year-on-year.