Sandy Flat is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 97, the suburb has a mature demographic with a median age of 48. Households earn a median income of $69K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sandy Flat is $785,000, having surged 55.4% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $800.
Public transport access includes 3 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Sandy Flat offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +55.4% year-on-year.
Sandy Flat is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 97, the suburb has a mature demographic with a median age of 48. Households earn a median income of $69K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sandy Flat is $785,000, having surged 55.4% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $800.
Public transport access includes 3 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Sandy Flat offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +55.4% year-on-year.