Grevillia is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 79, the suburb has an older demographic with a median age of 55. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Grevillia is $600,000, having surged 12.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Grevillia offers a gross rental yield of 8.0%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +12.7% year-on-year.
Grevillia is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 79, the suburb has an older demographic with a median age of 55. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Grevillia is $600,000, having surged 12.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $1,950.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Grevillia offers a gross rental yield of 8.0%, rated as high yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +12.7% year-on-year.