Culmaran Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 21, the suburb has a mature demographic with a median age of 48. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Culmaran Creek is $1.1 million, having surged 10381.7% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Culmaran Creek offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.3x is considered stretched. House prices have moved +10381.7% year-on-year.
Culmaran Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 21, the suburb has a mature demographic with a median age of 48. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Culmaran Creek is $1.1 million, having surged 10381.7% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Culmaran Creek offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.3x is considered stretched. House prices have moved +10381.7% year-on-year.