Myall Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2403). With a population of 27, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, German.
The median house price in Myall Creek is $760,000, having surged 7278.6% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.4%.
Public transport access includes 8 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Myall Creek offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +7278.6% year-on-year.
Myall Creek is a quiet locality in New South Wales within the Gwydir local government area (postcode 2403). With a population of 27, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, German.
The median house price in Myall Creek is $760,000, having surged 7278.6% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 2.4%.
Public transport access includes 8 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Myall Creek offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +7278.6% year-on-year.