Chambigne is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 48, the suburb has an older demographic with a median age of 57. Households earn a median income of $43K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chambigne is $189,000, having dropped significantly 48.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 13.2%. The median monthly mortgage repayment is $867.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Chambigne offers a gross rental yield of 13.2%, rated as high yield. Property prices sit below the state median ($189K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -48.9% year-on-year.
Chambigne is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 48, the suburb has an older demographic with a median age of 57. Households earn a median income of $43K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chambigne is $189,000, having dropped significantly 48.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 13.2%. The median monthly mortgage repayment is $867.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Chambigne offers a gross rental yield of 13.2%, rated as high yield. Property prices sit below the state median ($189K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -48.9% year-on-year.