Lower Dyraaba is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 43, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $32K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lower Dyraaba is $600,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,507.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Lower Dyraaba offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.9x is considered stretched. House prices have moved -11.8% year-on-year.
Lower Dyraaba is a quiet locality in New South Wales within the Kyogle local government area (postcode 2470). With a population of 43, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $32K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Lower Dyraaba is $600,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,507.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Lower Dyraaba offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($600K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.9x is considered stretched. House prices have moved -11.8% year-on-year.