Sandy Hill is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 44, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 1.9 people. The most common occupations are sales, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Sandy Hill is $383,000, having dropped significantly 11% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $759.
Public transport access includes 5 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Sandy Hill offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($383K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -11.0% year-on-year.
Sandy Hill is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 44, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 1.9 people. The most common occupations are sales, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Sandy Hill is $383,000, having dropped significantly 11% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $759.
Public transport access includes 5 bus stops. The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Sandy Hill offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($383K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -11.0% year-on-year.