Castle Doyle is a small, quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). It is home to about 150 residents, with a settled, mature resident base and a median age of 49. Households earn a median income of $120K per year, with an average household size of 2.8 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, labourers. Employment in the area leans toward education and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Castle Doyle is $900,000, having fallen sharply by 23.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,275.
Public transport access includes 12 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,143 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.8% (low yield). Property prices sit below the state median ($900K/$1.5M), which can point to relative value. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -23.4% year-on-year.