Dobies Bight is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 117, the suburb has an established demographic with a median age of 42. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Dobies Bight is $1.1 million, having dropped significantly 10.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,717.
Public transport access includes 12 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Dobies Bight offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved -10.8% year-on-year.
Dobies Bight is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 117, the suburb has an established demographic with a median age of 42. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Dobies Bight is $1.1 million, having dropped significantly 10.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,717.
Public transport access includes 12 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Dobies Bight offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved -10.8% year-on-year.