Green Pigeon is a small, quiet locality in New South Wales within the Kyogle local government area (postcode 2474). The area has roughly 176 residents and an older-leaning population, with a median age of 51. Households earn a median income of $51K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Scottish.
Green Pigeon has a median house price of $788,000, which has climbed sharply by 17.1% year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.3%. 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 2,334 incidents per 100,000 population.
On the investment side, Green Pigeon shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($788K/$1.5M), which can point to relative value. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +17.1% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.