Ramornie is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 186, the suburb has a mature demographic with a median age of 50. Households earn a median income of $53K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Ramornie is $745,000, having surged 30.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,285.
Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ramornie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +30.7% year-on-year.
Ramornie is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 186, the suburb has a mature demographic with a median age of 50. Households earn a median income of $53K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Ramornie is $745,000, having surged 30.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,285.
Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Ramornie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +30.7% year-on-year.