Gulf Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2347). With a population of 45, the suburb has a mature demographic with a median age of 50. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gulf Creek is $700,000, having surged 133.3% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 3 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Gulf Creek offers a gross rental yield of 1.4%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +133.3% year-on-year.
Gulf Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2347). With a population of 45, the suburb has a mature demographic with a median age of 50. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Gulf Creek is $700,000, having surged 133.3% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 3 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Gulf Creek offers a gross rental yield of 1.4%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +133.3% year-on-year.