Ettrick is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 149, the suburb has a mature demographic with a median age of 46. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Ettrick is $1.0 million, having dropped significantly 18.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,842.
Public transport access includes 10 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Ettrick offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.0x is considered stretched. House prices have moved -18.4% year-on-year.
Ettrick is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 149, the suburb has a mature demographic with a median age of 46. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Ettrick is $1.0 million, having dropped significantly 18.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,842.
Public transport access includes 10 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Ettrick offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.0x is considered stretched. House prices have moved -18.4% year-on-year.