Gineroi is a quiet locality in New South Wales within the Gwydir local government area (postcode 2404). With a population of 63, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Gineroi is $1.0 million, having dropped significantly 40.4% over the past year. The current median weekly rent is $325. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,029.
Public transport access includes 16 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Gineroi offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -40.4% year-on-year.
Gineroi is a quiet locality in New South Wales within the Gwydir local government area (postcode 2404). With a population of 63, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Gineroi is $1.0 million, having dropped significantly 40.4% over the past year. The current median weekly rent is $325. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,029.
Public transport access includes 16 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Gineroi offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -40.4% year-on-year.