Dry Creek is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 50, the suburb has an established demographic with a median age of 39. Households earn a median income of $123K per year, with an average household size of 3.3 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Dry Creek is $1.9 million, having surged 77.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,850.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Dry Creek offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 15.8x is considered stretched. House prices have moved +77.3% year-on-year.
Dry Creek is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 50, the suburb has an established demographic with a median age of 39. Households earn a median income of $123K per year, with an average household size of 3.3 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Dry Creek is $1.9 million, having surged 77.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,850.
Public transport access includes 4 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Dry Creek offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 15.8x is considered stretched. House prices have moved +77.3% year-on-year.