Ghinni Ghinni is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 45, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, clerical & administrative. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Ghinni Ghinni is $900,000, having risen modestly 1.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Ghinni Ghinni offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +1.1% year-on-year.
Ghinni Ghinni is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 45, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, clerical & administrative. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Ghinni Ghinni is $900,000, having risen modestly 1.1% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 1 bus stop. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Ghinni Ghinni offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +1.1% year-on-year.