Sandy Crossing is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 26, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $84K per year, with an average household size of 3.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, German.
The median house price in Sandy Crossing is $1.6 million, having surged 153.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,690.
Public transport access includes 4 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Sandy Crossing offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +153.8% year-on-year.
Sandy Crossing is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 26, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $84K per year, with an average household size of 3.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, German.
The median house price in Sandy Crossing is $1.6 million, having surged 153.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,690.
Public transport access includes 4 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Sandy Crossing offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +153.8% year-on-year.