Lower Bottle Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 43, the suburb has an older demographic with a median age of 57. Households earn a median income of $47K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lower Bottle Creek is $658,000, having grown strongly 9.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,364.
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, Lower Bottle Creek offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($658K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +9.6% year-on-year.
Lower Bottle Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 43, the suburb has an older demographic with a median age of 57. Households earn a median income of $47K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lower Bottle Creek is $658,000, having grown strongly 9.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,364.
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, Lower Bottle Creek offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($658K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +9.6% year-on-year.