Owens Gap is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 80, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $107K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Owens Gap is $1.2 million, having dropped significantly 44.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 12 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Owens Gap offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -44.3% year-on-year.
Owens Gap is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 80, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $107K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Owens Gap is $1.2 million, having dropped significantly 44.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 12 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Owens Gap offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved -44.3% year-on-year.