Knorrit Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 39, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Knorrit Flat is $493,000, having surged 14.5% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Knorrit Flat offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($493K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +14.5% year-on-year.
Knorrit Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 39, the suburb has a mature demographic with a median age of 49. Households earn a median income of $59K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Knorrit Flat is $493,000, having surged 14.5% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Knorrit Flat offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($493K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +14.5% year-on-year.