Fishermans Reach is a quiet locality in New South Wales within the Kempsey local government area (postcode 2441). With a population of 144, the suburb has an older demographic with a median age of 59. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Fishermans Reach is $290,000, having dropped significantly 46% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $975.
Public transport access includes 1 bus stop. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Fishermans Reach offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -46.0% year-on-year.
Fishermans Reach is a quiet locality in New South Wales within the Kempsey local government area (postcode 2441). With a population of 144, the suburb has an older demographic with a median age of 59. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Fishermans Reach is $290,000, having dropped significantly 46% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $975.
Public transport access includes 1 bus stop. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Fishermans Reach offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($290K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved -46.0% year-on-year.