Dairy Flat is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 22, the suburb has an older demographic with a median age of 60. Households earn a median income of $25K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Dairy Flat is $900,000, having dropped significantly 19.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $807.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Dairy Flat offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 36.5x is considered stretched. House prices have moved -19.4% year-on-year.
Dairy Flat is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 22, the suburb has an older demographic with a median age of 60. Households earn a median income of $25K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Dairy Flat is $900,000, having dropped significantly 19.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $807.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Dairy Flat offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 36.5x is considered stretched. House prices have moved -19.4% year-on-year.