Silent Grove is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 11, the suburb has an older demographic with a median age of 67. Households earn a median income of $65K per year, with an average household size of 2.3 people. The top ancestries reported are English, Irish, Scottish.
The median house price in Silent Grove is $270,000, having dropped significantly 22.9% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 9.1%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Silent Grove offers a gross rental yield of 9.1%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -22.9% year-on-year.
Silent Grove is a quiet locality in New South Wales within the Tenterfield local government area (postcode 2372). With a population of 11, the suburb has an older demographic with a median age of 67. Households earn a median income of $65K per year, with an average household size of 2.3 people. The top ancestries reported are English, Irish, Scottish.
The median house price in Silent Grove is $270,000, having dropped significantly 22.9% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 9.1%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Silent Grove offers a gross rental yield of 9.1%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -22.9% year-on-year.