Middle Pocket is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 141, the suburb has an established demographic with a median age of 44. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Middle Pocket is $1.5 million, having dropped significantly 15.7% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,008.
The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Middle Pocket offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved -15.7% year-on-year.
Middle Pocket is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 141, the suburb has an established demographic with a median age of 44. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Middle Pocket is $1.5 million, having dropped significantly 15.7% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,008.
The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Middle Pocket offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved -15.7% year-on-year.