Dripstone is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 68, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Dripstone is $425,000, having dropped significantly 71.9% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 7.8%. The median monthly mortgage repayment is $961.
Public transport access includes 7 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Dripstone offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($425K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -71.9% year-on-year.
Dripstone is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 68, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Dripstone is $425,000, having dropped significantly 71.9% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 7.8%. The median monthly mortgage repayment is $961.
Public transport access includes 7 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Dripstone offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($425K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -71.9% year-on-year.