Ellis Lane is a small community in New South Wales within the Camden local government area (postcode 2570). With a population of 852, the suburb has an established demographic with a median age of 44. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Ellis Lane is $2.0 million, having dropped significantly 15.8% over the past year. The current median weekly rent is $730. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,370.
Public transport access includes 5 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Ellis Lane offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved -15.8% year-on-year.
Ellis Lane is a small community in New South Wales within the Camden local government area (postcode 2570). With a population of 852, the suburb has an established demographic with a median age of 44. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Ellis Lane is $2.0 million, having dropped significantly 15.8% over the past year. The current median weekly rent is $730. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,370.
Public transport access includes 5 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Ellis Lane offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($2.0M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved -15.8% year-on-year.