Kundabung is a small community in New South Wales within the Kempsey local government area (postcode 2441). With a population of 616, the suburb has a mature demographic with a median age of 45. Households earn a median income of $75K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Kundabung is $980,000, having surged 18.1% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,670.
Public transport access includes 1 ferry wharf, 5 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Kundabung offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +18.1% year-on-year.
Kundabung is a small community in New South Wales within the Kempsey local government area (postcode 2441). With a population of 616, the suburb has a mature demographic with a median age of 45. Households earn a median income of $75K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Kundabung is $980,000, having surged 18.1% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,670.
Public transport access includes 1 ferry wharf, 5 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Kundabung offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +18.1% year-on-year.