Reefton is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 34, the suburb has an older demographic with a median age of 56. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, German.
The median house price in Reefton is $200,000, having dropped significantly 74.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 10.4%. The median monthly mortgage repayment is $537.
Public transport access includes 3 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Reefton offers a gross rental yield of 10.4%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -74.8% year-on-year.
Reefton is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 34, the suburb has an older demographic with a median age of 56. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, German.
The median house price in Reefton is $200,000, having dropped significantly 74.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 10.4%. The median monthly mortgage repayment is $537.
Public transport access includes 3 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.
From an investment perspective, Reefton offers a gross rental yield of 10.4%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -74.8% year-on-year.