Kelvin is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 182, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kelvin is $1.1 million, having dropped significantly 14% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,180.
Public transport access includes 8 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Kelvin offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved -14.0% year-on-year.
Kelvin is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 182, the suburb has an established demographic with a median age of 43. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kelvin is $1.1 million, having dropped significantly 14% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,180.
Public transport access includes 8 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Kelvin offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved -14.0% year-on-year.