Newbold is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 8, the suburb has a young demographic with a median age of 11. Households earn a median income of $72K per year, with an average household size of 6 people.
The median house price in Newbold is $265,000, having dropped significantly 61.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 9.4%. The median monthly mortgage repayment is $4,333.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Newbold offers a gross rental yield of 9.4%, rated as high yield. Property prices sit below the state median ($265K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -61.9% year-on-year.
Newbold is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 8, the suburb has a young demographic with a median age of 11. Households earn a median income of $72K per year, with an average household size of 6 people.
The median house price in Newbold is $265,000, having dropped significantly 61.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 9.4%. The median monthly mortgage repayment is $4,333.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Newbold offers a gross rental yield of 9.4%, rated as high yield. Property prices sit below the state median ($265K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -61.9% year-on-year.