Lake Innes is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 495, the suburb has an established demographic with a median age of 44. Households earn a median income of $115K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Lake Innes is $1.7 million, having surged 40.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,145.
Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Lake Innes offers a gross rental yield of 1.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.8x is considered stretched. House prices have moved +40.5% year-on-year.
Lake Innes is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2446). With a population of 495, the suburb has an established demographic with a median age of 44. Households earn a median income of $115K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Lake Innes is $1.7 million, having surged 40.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,145.
Public transport access includes 12 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Lake Innes offers a gross rental yield of 1.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 14.8x is considered stretched. House prices have moved +40.5% year-on-year.