Orange Grove is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 60, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Orange Grove is $2.3 million, having surged 15% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 9 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Orange Grove offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved +15.0% year-on-year.
Orange Grove is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 60, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $111K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Orange Grove is $2.3 million, having surged 15% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 9 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Orange Grove offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved +15.0% year-on-year.