Summer Hill Creek is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 234, the suburb has an established demographic with a median age of 40. Households earn a median income of $133K per year, with an average household size of 3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Summer Hill Creek is $848,000, having surged 21.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,400.
Public transport access includes 14 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Summer Hill Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($848K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +21.1% year-on-year.
Summer Hill Creek is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 234, the suburb has an established demographic with a median age of 40. Households earn a median income of $133K per year, with an average household size of 3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Summer Hill Creek is $848,000, having surged 21.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,400.
Public transport access includes 14 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Summer Hill Creek offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($848K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +21.1% year-on-year.