Castle Rock is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 131, the suburb has an established demographic with a median age of 44. Households earn a median income of $158K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Castle Rock is $500,000, having dropped significantly 33.3% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,695.
Public transport access includes 6 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Castle Rock offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.2x is considered affordable. House prices have moved -33.3% year-on-year.
Castle Rock is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 131, the suburb has an established demographic with a median age of 44. Households earn a median income of $158K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Castle Rock is $500,000, having dropped significantly 33.3% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,695.
Public transport access includes 6 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Castle Rock offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.2x is considered affordable. House prices have moved -33.3% year-on-year.