Loadstone is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 34, the suburb has an older demographic with a median age of 57. Households earn a median income of $49K per year, with an average household size of 1.9 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Loadstone is $590,000, having dropped significantly 32.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 8.2%. The median monthly mortgage repayment is $1,612.
Public transport access includes 2 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Loadstone offers a gross rental yield of 8.2%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved -32.2% year-on-year.
Loadstone is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 34, the suburb has an older demographic with a median age of 57. Households earn a median income of $49K per year, with an average household size of 1.9 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Loadstone is $590,000, having dropped significantly 32.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 8.2%. The median monthly mortgage repayment is $1,612.
Public transport access includes 2 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Loadstone offers a gross rental yield of 8.2%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved -32.2% year-on-year.