Rydal is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 163, the suburb has a mature demographic with a median age of 53. Households earn a median income of $69K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Rydal is $888,000, having dropped significantly 42.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,300.
Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Rydal offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($888K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -42.7% year-on-year.
Rydal is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 163, the suburb has a mature demographic with a median age of 53. Households earn a median income of $69K per year, with an average household size of 2.1 people. The most common occupations are professionals, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Rydal is $888,000, having dropped significantly 42.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,300.
Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Rydal offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($888K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -42.7% year-on-year.