Gradys Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 59, the suburb has an older demographic with a median age of 58. Households earn a median income of $67K per year, with an average household size of 2 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Gradys Creek is $1.2 million, having surged 43.1% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,750.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Gradys Creek offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.7x is considered stretched. House prices have moved +43.1% year-on-year.
Gradys Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 59, the suburb has an older demographic with a median age of 58. Households earn a median income of $67K per year, with an average household size of 2 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Gradys Creek is $1.2 million, having surged 43.1% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,750.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Gradys Creek offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.7x is considered stretched. House prices have moved +43.1% year-on-year.