Croppa Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2411). With a population of 104, the suburb has an established demographic with a median age of 38. Households earn a median income of $126K per year, with an average household size of 3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Croppa Creek is $100,000, having surged 66.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 10.4%. The median monthly mortgage repayment is $269.
Croppa Creek is served by 1 school, including 1 primary. The average ICSEA score is 979, which is around the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Croppa Creek offers a gross rental yield of 10.4%, rated as high yield. Property prices sit below the state median ($100K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved +66.7% year-on-year.
Croppa Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2411). With a population of 104, the suburb has an established demographic with a median age of 38. Households earn a median income of $126K per year, with an average household size of 3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Croppa Creek is $100,000, having surged 66.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 10.4%. The median monthly mortgage repayment is $269.
Croppa Creek is served by 1 school, including 1 primary. The average ICSEA score is 979, which is around the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Croppa Creek offers a gross rental yield of 10.4%, rated as high yield. Property prices sit below the state median ($100K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved +66.7% year-on-year.