Gladstone is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 437, the suburb has a mature demographic with a median age of 47. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gladstone is $380,000, having dropped significantly 41.2% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,437.
Gladstone is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Gladstone offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($380K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -41.2% year-on-year.
Gladstone is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 437, the suburb has a mature demographic with a median age of 47. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gladstone is $380,000, having dropped significantly 41.2% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,437.
Gladstone is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Gladstone offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($380K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -41.2% year-on-year.