Mole River is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 89, the suburb has an older demographic with a median age of 61. Households earn a median income of $44K per year, with an average household size of 1.7 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Mole River is $503,000, having surged 112% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $693.
Public transport access includes 7 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Mole River offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($503K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved +112.0% year-on-year.
Mole River is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 89, the suburb has an older demographic with a median age of 61. Households earn a median income of $44K per year, with an average household size of 1.7 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Mole River is $503,000, having surged 112% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $693.
Public transport access includes 7 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Mole River offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($503K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved +112.0% year-on-year.