Saddleback Mountain is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 67, the suburb has an older demographic with a median age of 59. Households earn a median income of $100K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Saddleback Mountain is $1.6 million, having dropped significantly 66.6% over the past year. The current median weekly rent is $728. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $4,333.
The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Saddleback Mountain offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 15.7x is considered stretched. House prices have moved -66.6% year-on-year.
Saddleback Mountain is a quiet locality in New South Wales within the Kiama local government area (postcode 2533). With a population of 67, the suburb has an older demographic with a median age of 59. Households earn a median income of $100K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Saddleback Mountain is $1.6 million, having dropped significantly 66.6% over the past year. The current median weekly rent is $728. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $4,333.
The crime rate in the Kiama LGA is low at 1,670 incidents per 100,000 population.
From an investment perspective, Saddleback Mountain offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 15.7x is considered stretched. House prices have moved -66.6% year-on-year.