Gibberagee is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 35, the suburb has an older demographic with a median age of 60. Households earn a median income of $30K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, Dutch, Irish.
The median house price in Gibberagee is $353,000, having dropped significantly 10.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Gibberagee offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($353K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -10.8% year-on-year.
Gibberagee is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 35, the suburb has an older demographic with a median age of 60. Households earn a median income of $30K per year, with an average household size of 1.9 people. The top ancestries reported are Australian, Dutch, Irish.
The median house price in Gibberagee is $353,000, having dropped significantly 10.8% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,950.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Gibberagee offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($353K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -10.8% year-on-year.