Pine Ridge is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2343). With a population of 96, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $81K per year, with an average household size of 2.9 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Pine Ridge is $1.9 million, having dropped significantly 40.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Pine Ridge offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 23.7x is considered stretched. House prices have moved -40.6% year-on-year.
Pine Ridge is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2343). With a population of 96, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $81K per year, with an average household size of 2.9 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Pine Ridge is $1.9 million, having dropped significantly 40.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 9 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Pine Ridge offers a gross rental yield of 1.2%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 23.7x is considered stretched. House prices have moved -40.6% year-on-year.