Kyalite is a quiet locality in New South Wales within the Murray River local government area (postcode 2715). With a population of 87, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $81K per year, with an average household size of 3.3 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Kyalite is $125,000, having dropped significantly 40.7% over the past year. The current median weekly rent is $352. This gives a gross rental yield of approximately 14.6%. The median monthly mortgage repayment is $1,018.
Public transport access includes 9 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Kyalite offers a gross rental yield of 14.6%, rated as high yield. Property prices sit below the state median ($125K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -40.7% year-on-year.
Kyalite is a quiet locality in New South Wales within the Murray River local government area (postcode 2715). With a population of 87, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $81K per year, with an average household size of 3.3 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Kyalite is $125,000, having dropped significantly 40.7% over the past year. The current median weekly rent is $352. This gives a gross rental yield of approximately 14.6%. The median monthly mortgage repayment is $1,018.
Public transport access includes 9 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Kyalite offers a gross rental yield of 14.6%, rated as high yield. Property prices sit below the state median ($125K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -40.7% year-on-year.