Lenaghan is a quiet locality in New South Wales within the Newcastle local government area (postcode 2322). With a population of 70, the suburb has an established demographic with a median age of 43. Households earn a median income of $159K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, German.
The median house price in Lenaghan is $1.6 million, having dipped slightly 0.8% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,909.
Public transport access includes 3 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Lenaghan offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -0.8% year-on-year.
Lenaghan is a quiet locality in New South Wales within the Newcastle local government area (postcode 2322). With a population of 70, the suburb has an established demographic with a median age of 43. Households earn a median income of $159K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, German.
The median house price in Lenaghan is $1.6 million, having dipped slightly 0.8% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,909.
Public transport access includes 3 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Lenaghan offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -0.8% year-on-year.