Kurraba Point is a small community in New South Wales within the North Sydney local government area (postcode 2089). With a population of 1,401, the suburb has an established demographic with a median age of 43. Households earn a median income of $158K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kurraba Point is $5.6 million, having dropped significantly 48.9% over the past year. Units have a median price of $800,000 (-44.4% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $3,000.
Public transport access includes 1 bus stop. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Kurraba Point offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($5.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.5x is considered stretched. House prices have moved -48.9% year-on-year.
Kurraba Point is a small community in New South Wales within the North Sydney local government area (postcode 2089). With a population of 1,401, the suburb has an established demographic with a median age of 43. Households earn a median income of $158K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kurraba Point is $5.6 million, having dropped significantly 48.9% over the past year. Units have a median price of $800,000 (-44.4% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $3,000.
Public transport access includes 1 bus stop. The crime rate in the North Sydney LGA is low at 1,731 incidents per 100,000 population.
From an investment perspective, Kurraba Point offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($5.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.5x is considered stretched. House prices have moved -48.9% year-on-year.