McCullys Gap is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 262, the suburb has an established demographic with a median age of 41. Households earn a median income of $120K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in McCullys Gap is $1.1 million, having grown strongly 7.8% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 25 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, McCullys Gap offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +7.8% year-on-year.
McCullys Gap is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 262, the suburb has an established demographic with a median age of 41. Households earn a median income of $120K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in McCullys Gap is $1.1 million, having grown strongly 7.8% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Public transport access includes 25 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, McCullys Gap offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +7.8% year-on-year.