Kyogle is a smaller suburb in New South Wales within the Kyogle local government area (postcode 2474). With a population of 2,248, the suburb has a mature demographic with a median age of 47. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kyogle is $540,000, having surged 10.3% over the past year. Units have a median price of $420,000 (+26.3% YoY). The current median weekly rent is $925. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $1,142.
Kyogle is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 949, which is below the national average of 1,000. Public transport access includes 42 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Kyogle offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +10.3% year-on-year.
Kyogle is a smaller suburb in New South Wales within the Kyogle local government area (postcode 2474). With a population of 2,248, the suburb has a mature demographic with a median age of 47. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kyogle is $540,000, having surged 10.3% over the past year. Units have a median price of $420,000 (+26.3% YoY). The current median weekly rent is $925. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $1,142.
Kyogle is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 949, which is below the national average of 1,000. Public transport access includes 42 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Kyogle offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +10.3% year-on-year.