Main Arm is a small community in New South Wales within the Byron local government area (postcode 2482). With a population of 640, the suburb has a mature demographic with a median age of 45. Households earn a median income of $73K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Main Arm is $1.9 million, having surged 73% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 28 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Main Arm offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 26.4x is considered stretched. House prices have moved +73.0% year-on-year.
Main Arm is a small community in New South Wales within the Byron local government area (postcode 2482). With a population of 640, the suburb has a mature demographic with a median age of 45. Households earn a median income of $73K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Main Arm is $1.9 million, having surged 73% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 28 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Main Arm offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 26.4x is considered stretched. House prices have moved +73.0% year-on-year.