Jeogla is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 40, the suburb has a mature demographic with a median age of 51. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Jeogla is $300,000, having surged 50% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,200.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Jeogla offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +50.0% year-on-year.
Jeogla is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 40, the suburb has a mature demographic with a median age of 51. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Jeogla is $300,000, having surged 50% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,200.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Jeogla offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +50.0% year-on-year.