South Kempsey is a smaller suburb in New South Wales within the Kempsey local government area (postcode 2440). With a population of 2,604, the suburb has an established demographic with a median age of 42. Households earn a median income of $56K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in South Kempsey is $380,000, having declined 7.6% over the past year. Units have a median price of $355,000 (-5.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,300.
South Kempsey is served by 1 school, including 1 special. The average ICSEA score is 787, which is well below the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, South Kempsey offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($380K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -7.6% year-on-year.
South Kempsey is a smaller suburb in New South Wales within the Kempsey local government area (postcode 2440). With a population of 2,604, the suburb has an established demographic with a median age of 42. Households earn a median income of $56K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in South Kempsey is $380,000, having declined 7.6% over the past year. Units have a median price of $355,000 (-5.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,300.
South Kempsey is served by 1 school, including 1 special. The average ICSEA score is 787, which is well below the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, South Kempsey offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($380K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -7.6% year-on-year.