Eungai Rail is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2441). With a population of 208, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. The most common occupations are labourers, sales, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Eungai Rail is $215,000, having dropped significantly 53.3% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 12.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 rail stations, 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Eungai Rail offers a gross rental yield of 12.8%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -53.3% year-on-year.
Eungai Rail is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2441). With a population of 208, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. The most common occupations are labourers, sales, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Eungai Rail is $215,000, having dropped significantly 53.3% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 12.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 3 rail stations, 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Eungai Rail offers a gross rental yield of 12.8%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -53.3% year-on-year.