Ghinni Ghi is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 41, the suburb has an older demographic with a median age of 62. Households earn a median income of $44K per year, with an average household size of 1.8 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Ghinni Ghi is $790,000, having dropped significantly 40.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,311.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Ghinni Ghi offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.9x is considered stretched. House prices have moved -40.9% year-on-year.
Ghinni Ghi is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 41, the suburb has an older demographic with a median age of 62. Households earn a median income of $44K per year, with an average household size of 1.8 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Ghinni Ghi is $790,000, having dropped significantly 40.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,311.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Ghinni Ghi offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.9x is considered stretched. House prices have moved -40.9% year-on-year.