Sharps Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 13, the suburb has an established demographic with a median age of 42. Households earn a median income of $117K per year, with an average household size of 4.5 people. The top ancestries reported are English, Scottish, Italian.
The median house price in Sharps Creek is $7.4 million, having surged 316.3% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Sharps Creek offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 63.0x is considered stretched. House prices have moved +316.3% year-on-year.
Sharps Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 13, the suburb has an established demographic with a median age of 42. Households earn a median income of $117K per year, with an average household size of 4.5 people. The top ancestries reported are English, Scottish, Italian.
The median house price in Sharps Creek is $7.4 million, having surged 316.3% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 0.3%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Sharps Creek offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 63.0x is considered stretched. House prices have moved +316.3% year-on-year.