Horse Station Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 147, the suburb has a mature demographic with a median age of 48. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Horse Station Creek is $898,000, having surged 18.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,729.
Public transport access includes 11 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Horse Station Creek offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($898K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +18.9% year-on-year.
Horse Station Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 147, the suburb has a mature demographic with a median age of 48. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Horse Station Creek is $898,000, having surged 18.9% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,729.
Public transport access includes 11 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Horse Station Creek offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($898K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +18.9% year-on-year.