Matheson is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 50, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Matheson is $1.5 million, having surged 226.7% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.3%.
Public transport access includes 6 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Matheson offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +226.7% year-on-year.
Matheson is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 50, the suburb has an established demographic with a median age of 39. Households earn a median income of $98K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Matheson is $1.5 million, having surged 226.7% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.3%.
Public transport access includes 6 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Matheson offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +226.7% year-on-year.