Edenville is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 80, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Edenville is $635,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $1,015.
Public transport access includes 7 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Edenville offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($635K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -11.8% year-on-year.
Edenville is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 80, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Edenville is $635,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $1,015.
Public transport access includes 7 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Edenville offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($635K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -11.8% year-on-year.