Cullendore is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 10, the suburb has an older demographic with a median age of 57. Households earn a median income of $71K per year, with an average household size of 2 people. The top ancestries reported are English, Australian.
The median house price in Cullendore is $330,000, having declined 7.7% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 7.5%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Cullendore offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -7.7% year-on-year.
Cullendore is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 10, the suburb has an older demographic with a median age of 57. Households earn a median income of $71K per year, with an average household size of 2 people. The top ancestries reported are English, Australian.
The median house price in Cullendore is $330,000, having declined 7.7% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 7.5%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Cullendore offers a gross rental yield of 7.5%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -7.7% year-on-year.