Newton Boyd is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2370). With a population of 21, the suburb has a mature demographic with a median age of 47. Households earn a median income of $72K per year, with an average household size of 3.1 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Newton Boyd is $40,000, having dropped significantly 88.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 49.4%. The median monthly mortgage repayment is $771.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Newton Boyd offers a gross rental yield of 49.4%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.6x is considered affordable. House prices have moved -88.1% year-on-year.
Newton Boyd is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2370). With a population of 21, the suburb has a mature demographic with a median age of 47. Households earn a median income of $72K per year, with an average household size of 3.1 people. The most common occupations are labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Newton Boyd is $40,000, having dropped significantly 88.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 49.4%. The median monthly mortgage repayment is $771.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Newton Boyd offers a gross rental yield of 49.4%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.6x is considered affordable. House prices have moved -88.1% year-on-year.