Rukenvale is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 15, the suburb has a mature demographic with a median age of 52. Households earn a median income of $85K per year, with an average household size of 2 people. The top ancestries reported are Australian, English.
The median house price in Rukenvale is $850,000, having surged 183.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $2,000.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Rukenvale offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +183.3% year-on-year.
Rukenvale is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 15, the suburb has a mature demographic with a median age of 52. Households earn a median income of $85K per year, with an average household size of 2 people. The top ancestries reported are Australian, English.
The median house price in Rukenvale is $850,000, having surged 183.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $2,000.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Rukenvale offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +183.3% year-on-year.