Louth is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 74, the suburb has a mature demographic with a median age of 51. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Louth is $700,000, having surged 91.8% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,000.
Louth is served by 1 school, including 1 primary. The average ICSEA score is 923, which is below the national average of 1,000. The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Louth offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +91.8% year-on-year.
Louth is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 74, the suburb has a mature demographic with a median age of 51. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Louth is $700,000, having surged 91.8% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,000.
Louth is served by 1 school, including 1 primary. The average ICSEA score is 923, which is below the national average of 1,000. The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Louth offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +91.8% year-on-year.