Sandon is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 9, the suburb has an older demographic with a median age of 62. Households earn a median income of $45K per year, with an average household size of 1.8 people. The top ancestries reported are Australian, English.
The median house price in Sandon is $150,000, having dropped significantly 83.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 20.1%. The median monthly mortgage repayment is $867.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Sandon offers a gross rental yield of 20.1%, rated as high yield. Property prices sit below the state median ($150K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -83.9% year-on-year.
Sandon is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 9, the suburb has an older demographic with a median age of 62. Households earn a median income of $45K per year, with an average household size of 1.8 people. The top ancestries reported are Australian, English.
The median house price in Sandon is $150,000, having dropped significantly 83.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 20.1%. The median monthly mortgage repayment is $867.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Sandon offers a gross rental yield of 20.1%, rated as high yield. Property prices sit below the state median ($150K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved -83.9% year-on-year.