Green Pigeon is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 176, the suburb has a mature demographic with a median age of 51. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Green Pigeon is $905,000, having surged 14.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
Public transport access includes 14 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Green Pigeon offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.6x is considered stretched. House prices have moved +14.9% year-on-year.
Green Pigeon is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 176, the suburb has a mature demographic with a median age of 51. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Green Pigeon is $905,000, having surged 14.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,300.
Public transport access includes 14 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Green Pigeon offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($905K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.6x is considered stretched. House prices have moved +14.9% year-on-year.