Kellys Plains (postcode 2350) is a small, quiet locality in New South Wales within the Armidale Regional local government area. It is home to about 169 residents, with a settled mid-life population and a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.8 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward education and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Kellys Plains is $913,000, having climbed sharply by 68.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,383.
Public transport access includes 5 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,143 incidents per 100,000 population.
Looking at the investment signals, Kellys Plains shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($913K/$1.5M), which can point to relative value. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +68.2% year-on-year.