Kingsland is a quiet locality in New South Wales within the Inverell local government area (postcode 2370). With a population of 32, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Kingsland is $304,000, having dropped significantly 24% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $848.
Public transport access includes 5 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Kingsland offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($304K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -24.0% year-on-year.
Kingsland is a quiet locality in New South Wales within the Inverell local government area (postcode 2370). With a population of 32, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $97K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Kingsland is $304,000, having dropped significantly 24% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $848.
Public transport access includes 5 bus stops. The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Kingsland offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($304K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -24.0% year-on-year.