Kerewong is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 7, the suburb has an older demographic with a median age of 64. Households earn a median income of $40K per year, with an average household size of 1.6 people. The top ancestries reported are English, Australian.
The median house price in Kerewong is $513,000, having dropped significantly 65.8% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 9.9%. The median monthly mortgage repayment is $1,517.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Kerewong offers a gross rental yield of 9.9%, rated as high yield. Property prices sit below the state median ($513K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -65.8% year-on-year.
Kerewong is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2439). With a population of 7, the suburb has an older demographic with a median age of 64. Households earn a median income of $40K per year, with an average household size of 1.6 people. The top ancestries reported are English, Australian.
The median house price in Kerewong is $513,000, having dropped significantly 65.8% over the past year. The current median weekly rent is $980. This gives a gross rental yield of approximately 9.9%. The median monthly mortgage repayment is $1,517.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Kerewong offers a gross rental yield of 9.9%, rated as high yield. Property prices sit below the state median ($513K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -65.8% year-on-year.