Ghinni Ghi is a small, quiet locality in New South Wales within the Kyogle local government area (postcode 2474). The area has roughly 41 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, community & personal service, clerical & administrative. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Ghinni Ghi is $988,000, broadly unchanged over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.6%. 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 2,334 incidents per 100,000 population.
On the investment side, Ghinni Ghi shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices sit below the state median ($988K/$1.5M), which can point to relative value. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.