Simpkins Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 28, the suburb has an established demographic with a median age of 38. Households earn a median income of $85K per year, with an average household size of 3 people. The most common occupations are clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Simpkins Creek is $450,000, having dropped significantly 60.9% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,278.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Simpkins Creek offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -60.9% year-on-year.
Simpkins Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 28, the suburb has an established demographic with a median age of 38. Households earn a median income of $85K per year, with an average household size of 3 people. The most common occupations are clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Simpkins Creek is $450,000, having dropped significantly 60.9% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,278.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Simpkins Creek offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -60.9% year-on-year.