Levenstrath is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 48, the suburb has an established demographic with a median age of 42. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Levenstrath is $1.0 million, having surged 13% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,102.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Levenstrath offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.1x is considered stretched. House prices have moved +13.0% year-on-year.
Levenstrath is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 48, the suburb has an established demographic with a median age of 42. Households earn a median income of $55K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Levenstrath is $1.0 million, having surged 13% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,102.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Levenstrath offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.1x is considered stretched. House prices have moved +13.0% year-on-year.