Myall Park is a quiet locality in New South Wales within the Carrathool local government area (postcode 2681). With a population of 226, the suburb has a mature demographic with a median age of 47. Households earn a median income of $103K per year, with an average household size of 3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Myall Park is $1.7 million, having surged 62.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,022.
Public transport access includes 12 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Myall Park offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +62.2% year-on-year.
Myall Park is a quiet locality in New South Wales within the Carrathool local government area (postcode 2681). With a population of 226, the suburb has a mature demographic with a median age of 47. Households earn a median income of $103K per year, with an average household size of 3 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Italian.
The median house price in Myall Park is $1.7 million, having surged 62.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,022.
Public transport access includes 12 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Myall Park offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +62.2% year-on-year.