Doctors Gap is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 25, the suburb has an older demographic with a median age of 60. Households earn a median income of $32K per year, with an average household size of 1.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Doctors Gap is $255,000, having surged 920% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $4,008.
Public transport access includes 1 bus stop. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Doctors Gap offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($255K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +920.0% year-on-year.
Doctors Gap is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 25, the suburb has an older demographic with a median age of 60. Households earn a median income of $32K per year, with an average household size of 1.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Doctors Gap is $255,000, having surged 920% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $4,008.
Public transport access includes 1 bus stop. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Doctors Gap offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($255K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +920.0% year-on-year.