McKellars Park is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 210, the suburb has an established demographic with a median age of 39. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in McKellars Park is $567,000, having surged 18.4% over the past year. Units have a median price of $415,000 (+27.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,569.
Public transport access includes 4 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, McKellars Park offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($567K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +18.4% year-on-year.
McKellars Park is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 210, the suburb has an established demographic with a median age of 39. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in McKellars Park is $567,000, having surged 18.4% over the past year. Units have a median price of $415,000 (+27.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,569.
Public transport access includes 4 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, McKellars Park offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($567K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +18.4% year-on-year.