Halfway Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 246, the suburb has a mature demographic with a median age of 48. Households earn a median income of $63K per year, with an average household size of 2.6 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Halfway Creek is $1.4 million, having surged 106% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 7 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Halfway Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 22.0x is considered stretched. House prices have moved +106.0% year-on-year.
Halfway Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 246, the suburb has a mature demographic with a median age of 48. Households earn a median income of $63K per year, with an average household size of 2.6 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Halfway Creek is $1.4 million, having surged 106% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,083.
Public transport access includes 7 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Halfway Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 22.0x is considered stretched. House prices have moved +106.0% year-on-year.