Junction Hill is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,547, the suburb has a mature demographic with a median age of 47. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Junction Hill is $330,000, having dropped significantly 26.7% over the past year. Units have a median price of $501,000 (-11.3% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $1,528.
Public transport access includes 11 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Junction Hill offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -26.7% year-on-year.
Junction Hill is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,547, the suburb has a mature demographic with a median age of 47. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Junction Hill is $330,000, having dropped significantly 26.7% over the past year. Units have a median price of $501,000 (-11.3% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $1,528.
Public transport access includes 11 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Junction Hill offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($330K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -26.7% year-on-year.