Homeleigh is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 120, the suburb has a mature demographic with a median age of 47. Households earn a median income of $56K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Homeleigh is $980,000, having surged 226.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Homeleigh offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +226.7% year-on-year.
Homeleigh is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 120, the suburb has a mature demographic with a median age of 47. Households earn a median income of $56K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Homeleigh is $980,000, having surged 226.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Homeleigh offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 17.4x is considered stretched. House prices have moved +226.7% year-on-year.