Peacock Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 23, the suburb has an older demographic with a median age of 59. Households earn a median income of $47K per year, with an average household size of 2 people. The most common occupations are clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Peacock Creek is $425,000, having dropped significantly 28.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $500.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Peacock Creek offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($425K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -28.6% year-on-year.
Peacock Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 23, the suburb has an older demographic with a median age of 59. Households earn a median income of $47K per year, with an average household size of 2 people. The most common occupations are clerical & administrative, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Peacock Creek is $425,000, having dropped significantly 28.6% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $500.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Peacock Creek offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($425K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -28.6% year-on-year.