Greenhill is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 757, the suburb has an established demographic with a median age of 42. Households earn a median income of $67K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Aboriginal Australian, English, Australian.
The median house price in Greenhill is $470,000, having dropped significantly 33.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,445.
Public transport access includes 5 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Greenhill offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -33.1% year-on-year.
Greenhill is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 757, the suburb has an established demographic with a median age of 42. Households earn a median income of $67K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Aboriginal Australian, English, Australian.
The median house price in Greenhill is $470,000, having dropped significantly 33.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,445.
Public transport access includes 5 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Greenhill offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -33.1% year-on-year.