Kains Flat is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 219, the suburb has a mature demographic with a median age of 46. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Kains Flat is $320,000, having dropped significantly 54.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 10.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Kains Flat offers a gross rental yield of 10.0%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved -54.3% year-on-year.
Kains Flat is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 219, the suburb has a mature demographic with a median age of 46. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Kains Flat is $320,000, having dropped significantly 54.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 10.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 14 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Kains Flat offers a gross rental yield of 10.0%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved -54.3% year-on-year.