Limestone is a quiet locality in New South Wales within the Inverell local government area (postcode 2361). With a population of 14, the suburb has an established demographic with a median age of 38. Households earn a median income of $117K per year, with an average household size of 2.8 people. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Limestone is $870,000, having surged 93.3% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Limestone offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +93.3% year-on-year.
Limestone is a quiet locality in New South Wales within the Inverell local government area (postcode 2361). With a population of 14, the suburb has an established demographic with a median age of 38. Households earn a median income of $117K per year, with an average household size of 2.8 people. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Limestone is $870,000, having surged 93.3% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.
From an investment perspective, Limestone offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($870K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +93.3% year-on-year.