Pine Valley is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 30, the suburb has a mature demographic with a median age of 47. Households earn a median income of $160K per year, with an average household size of 3.3 people. The most common occupations are clerical & administrative, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Korean.
The median house price in Pine Valley is $1.2 million, having surged 33% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,667.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Pine Valley offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +33.0% year-on-year.
Pine Valley is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 30, the suburb has a mature demographic with a median age of 47. Households earn a median income of $160K per year, with an average household size of 3.3 people. The most common occupations are clerical & administrative, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Korean.
The median house price in Pine Valley is $1.2 million, having surged 33% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,667.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Pine Valley offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +33.0% year-on-year.