Little River NSW

Postcode 2720 · Snowy Valleys LGA

Little River is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 38, the suburb has a mature demographic with a median age of 50. Households earn a median income of $162K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.

The median house price in Little River is $1.6 million, having surged 13% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,842.

Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.

From an investment perspective, Little River offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +13.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.3% Low Yield
Price vs State$1.6M/$1.5M Near Median
Affordability9.7x Moderate
Price Momentum+13.0% Rising
SEIFA INDEX (ABS)
Advantage8/10
Education7/10
Economic9/10
Disadvantage8/10
MEDIAN HOUSE
$1.6M
13% YoY
MEDIAN RENT /WK
POPULATION
38
DEMOGRAPHICS
Median Age50
Household Size2.8
HH Income /wk$3,124
Personal Income /wk$1333
Mortgage /mth$1,842
CRIME (Snowy Valleys LGA)
Crime Rate (per 100k)3,277
Total Incidents490
TRANSPORT
Bus Stops2
Data: 2022