Innes View is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 26, the suburb has an older demographic with a median age of 62. Households earn a median income of $36K per year, with an average household size of 1.7 people. The top ancestries reported are English, Scottish, Australian.
The median house price in Innes View is $800,000, having dropped significantly 58.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $3,033.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Innes View offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 22.4x is considered stretched. House prices have moved -58.4% year-on-year.
Innes View is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2429). With a population of 26, the suburb has an older demographic with a median age of 62. Households earn a median income of $36K per year, with an average household size of 1.7 people. The top ancestries reported are English, Scottish, Australian.
The median house price in Innes View is $800,000, having dropped significantly 58.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $3,033.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Innes View offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 22.4x is considered stretched. House prices have moved -58.4% year-on-year.