Euroka is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 348, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Euroka is $1.0 million, having grown strongly 5.9% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,690.
Public transport access includes 4 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Euroka offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +5.9% year-on-year.
Euroka is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 348, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Euroka is $1.0 million, having grown strongly 5.9% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,690.
Public transport access includes 4 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Euroka offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +5.9% year-on-year.