Dareton is a quiet locality in New South Wales within the Wentworth local government area (postcode 2717). With a population of 456, the suburb has a mature demographic with a median age of 49. Households earn a median income of $43K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Dareton is $215,000, having surged 43.3% over the past year. Units have a median price of $178,000 (+44.3% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 8.5%. The median monthly mortgage repayment is $884.
Dareton is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 747, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Dareton offers a gross rental yield of 8.5%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +43.3% year-on-year.
Dareton is a quiet locality in New South Wales within the Wentworth local government area (postcode 2717). With a population of 456, the suburb has a mature demographic with a median age of 49. Households earn a median income of $43K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Dareton is $215,000, having surged 43.3% over the past year. Units have a median price of $178,000 (+44.3% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 8.5%. The median monthly mortgage repayment is $884.
Dareton is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 747, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Wentworth LGA is moderate at 5,817 incidents per 100,000 population.
From an investment perspective, Dareton offers a gross rental yield of 8.5%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +43.3% year-on-year.