Reedy Creek is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 159, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Reedy Creek is $1.1 million, having surged 28% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,450.
The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Reedy Creek offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.8x is considered stretched. House prices have moved +28.0% year-on-year.
Reedy Creek is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 159, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Reedy Creek is $1.1 million, having surged 28% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,450.
The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Reedy Creek offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 13.8x is considered stretched. House prices have moved +28.0% year-on-year.