Little Back Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 37, the suburb has a mature demographic with a median age of 48. Households earn a median income of $88K per year, with an average household size of 2.2 people. The most common occupations are sales, professionals, technicians & trades. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Little Back Creek is $400,000, having dropped significantly 63.6% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 12.0%. The median monthly mortgage repayment is $1,586.
Public transport access includes 6 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Little Back Creek offers a gross rental yield of 12.0%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -63.6% year-on-year.
Little Back Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 37, the suburb has a mature demographic with a median age of 48. Households earn a median income of $88K per year, with an average household size of 2.2 people. The most common occupations are sales, professionals, technicians & trades. The top ancestries reported are Australian, Scottish, Irish.
The median house price in Little Back Creek is $400,000, having dropped significantly 63.6% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 12.0%. The median monthly mortgage repayment is $1,586.
Public transport access includes 6 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Little Back Creek offers a gross rental yield of 12.0%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -63.6% year-on-year.