Eureka is a quiet locality in New South Wales within the Byron local government area (postcode 2480). With a population of 353, the suburb has a mature demographic with a median age of 47. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Eureka is $685,000, having dropped significantly 51.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,986.
Eureka is served by 1 school, including 1 primary. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Eureka offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -51.1% year-on-year.
Eureka is a quiet locality in New South Wales within the Byron local government area (postcode 2480). With a population of 353, the suburb has a mature demographic with a median age of 47. Households earn a median income of $101K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Eureka is $685,000, having dropped significantly 51.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,986.
Eureka is served by 1 school, including 1 primary. The average ICSEA score is 1084, which is above the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Eureka offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -51.1% year-on-year.