Eden Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 136, the suburb has an older demographic with a median age of 58. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Eden Creek is $920,000, having dropped significantly 35.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,121.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Eden Creek offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($920K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.2x is considered stretched. House prices have moved -35.4% year-on-year.
Eden Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 136, the suburb has an older demographic with a median age of 58. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Eden Creek is $920,000, having dropped significantly 35.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,121.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Eden Creek offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($920K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.2x is considered stretched. House prices have moved -35.4% year-on-year.