Sawpit Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 7, the suburb has an older demographic with a median age of 62. Households earn a median income of $72K per year, with an average household size of 1.6 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Sawpit Creek is $525,000, having dropped significantly 38.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,365.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Sawpit Creek offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -38.8% year-on-year.
Sawpit Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 7, the suburb has an older demographic with a median age of 62. Households earn a median income of $72K per year, with an average household size of 1.6 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Sawpit Creek is $525,000, having dropped significantly 38.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,365.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Sawpit Creek offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($525K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -38.8% year-on-year.