Kellys Plains is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 169, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kellys Plains is $860,000, having dropped significantly 64.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. 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 6,478 incidents per 100,000 population.
From an investment perspective, Kellys Plains offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($860K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -64.5% year-on-year.
Kellys Plains is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 169, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kellys Plains is $860,000, having dropped significantly 64.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. 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 6,478 incidents per 100,000 population.
From an investment perspective, Kellys Plains offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($860K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved -64.5% year-on-year.