Dundee is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 152, the suburb has an older demographic with a median age of 56. Households earn a median income of $64K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Dundee is $400,000, having surged 370.6% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $910.
Public transport access includes 10 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Dundee offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +370.6% year-on-year.
Dundee is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 152, the suburb has an older demographic with a median age of 56. Households earn a median income of $64K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Dundee is $400,000, having surged 370.6% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $910.
Public transport access includes 10 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Dundee offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +370.6% year-on-year.