Pillar Valley is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 352, the suburb has a mature demographic with a median age of 50. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Pillar Valley is $700,000, having increased 4.5% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,366.
Public transport access includes 29 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Pillar Valley offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved +4.5% year-on-year.
Pillar Valley is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 352, the suburb has a mature demographic with a median age of 50. Households earn a median income of $52K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Pillar Valley is $700,000, having increased 4.5% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,366.
Public transport access includes 29 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Pillar Valley offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved +4.5% year-on-year.