New Brighton is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 368, the suburb has a mature demographic with a median age of 45. Households earn a median income of $85K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in New Brighton is $975,000, having dropped significantly 37.8% over the past year. Units have a median price of $3.2 million (+96.9% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 2 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, New Brighton offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved -37.8% year-on-year.
New Brighton is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 368, the suburb has a mature demographic with a median age of 45. Households earn a median income of $85K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in New Brighton is $975,000, having dropped significantly 37.8% over the past year. Units have a median price of $3.2 million (+96.9% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 2 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, New Brighton offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.5x is considered stretched. House prices have moved -37.8% year-on-year.