Horseshoe Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 69, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are machinery operators & drivers, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Horseshoe Creek is $1.8 million, having surged 59.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,558.
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, Horseshoe Creek offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 24.7x is considered stretched. House prices have moved +59.4% year-on-year.
Horseshoe Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 69, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are machinery operators & drivers, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Horseshoe Creek is $1.8 million, having surged 59.4% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,558.
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, Horseshoe Creek offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 24.7x is considered stretched. House prices have moved +59.4% year-on-year.