Lynchs Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 106, the suburb has an established demographic with a median age of 44. Households earn a median income of $64K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Lynchs Creek is $1.1 million, having surged 57.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,292.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Lynchs Creek offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.2x is considered stretched. House prices have moved +57.3% year-on-year.
Lynchs Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 106, the suburb has an established demographic with a median age of 44. Households earn a median income of $64K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Lynchs Creek is $1.1 million, having surged 57.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,292.
Public transport access includes 4 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Lynchs Creek offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 17.2x is considered stretched. House prices have moved +57.3% year-on-year.