Spicers Creek is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 55, the suburb has a mature demographic with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Spicers Creek is $435,000, having dropped significantly 84.3% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Spicers Creek offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -84.3% year-on-year.
Spicers Creek is a quiet locality in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 55, the suburb has a mature demographic with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Spicers Creek is $435,000, having dropped significantly 84.3% over the past year. The current median weekly rent is $640. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Spicers Creek offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -84.3% year-on-year.