Chinnock is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 22, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.9 people. The top ancestries reported are English, Irish, Australian.
The median house price in Chinnock is $2.3 million, having surged 82.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,430.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Chinnock offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.2x is considered stretched. House prices have moved +82.5% year-on-year.
Chinnock is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 22, the suburb has a mature demographic with a median age of 52. Households earn a median income of $72K per year, with an average household size of 2.9 people. The top ancestries reported are English, Irish, Australian.
The median house price in Chinnock is $2.3 million, having surged 82.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,430.
The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Chinnock offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.2x is considered stretched. House prices have moved +82.5% year-on-year.