Seven Oaks is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 56, the suburb has a mature demographic with a median age of 46. Households earn a median income of $97K per year, with an average household size of 2.6 people. The most common occupations are managers, sales, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Seven Oaks is $850,000, having surged 121.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Seven Oaks offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +121.1% year-on-year.
Seven Oaks is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 56, the suburb has a mature demographic with a median age of 46. Households earn a median income of $97K per year, with an average household size of 2.6 people. The most common occupations are managers, sales, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Seven Oaks is $850,000, having surged 121.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Seven Oaks offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +121.1% year-on-year.