Puddledock is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 41, the suburb has a mature demographic with a median age of 49. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Puddledock is $450,000, having dropped significantly 59.1% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $2,331.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Puddledock offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -59.1% year-on-year.
Puddledock is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 41, the suburb has a mature demographic with a median age of 49. Households earn a median income of $88K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Puddledock is $450,000, having dropped significantly 59.1% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $2,331.
Public transport access includes 1 bus stop. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Puddledock offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -59.1% year-on-year.