Kerrs Creek is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 58, the suburb has a mature demographic with a median age of 47. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Kerrs Creek is $1.8 million, having surged 700% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,200.
Public transport access includes 2 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Kerrs Creek offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 24.1x is considered stretched. House prices have moved +700.0% year-on-year.
Kerrs Creek is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 58, the suburb has a mature demographic with a median age of 47. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Kerrs Creek is $1.8 million, having surged 700% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,200.
Public transport access includes 2 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Kerrs Creek offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 24.1x is considered stretched. House prices have moved +700.0% year-on-year.