Kippaxs is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 22, the suburb has an older demographic with a median age of 57. Households earn a median income of $54K per year, with an average household size of 2.1 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Kippaxs is $275,000, having dropped significantly 50% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $3,000.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Kippaxs offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($275K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -50.0% year-on-year.
Kippaxs is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 22, the suburb has an older demographic with a median age of 57. Households earn a median income of $54K per year, with an average household size of 2.1 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Kippaxs is $275,000, having dropped significantly 50% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 7.6%. The median monthly mortgage repayment is $3,000.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Kippaxs offers a gross rental yield of 7.6%, rated as high yield. Property prices sit below the state median ($275K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -50.0% year-on-year.