Sunset Strip is a quiet locality in New South Wales within the Central Darling local government area (postcode 2879). With a population of 42, the suburb has an older demographic with a median age of 63. Households earn a median income of $28K per year, with an average household size of 1.5 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Sunset Strip is $110,000, having declined 6.8% over the past year. The current median weekly rent is $138. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $585.
Public transport access includes 1 bus stop. The crime rate in the Central Darling LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Sunset Strip offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved -6.8% year-on-year.
Sunset Strip is a quiet locality in New South Wales within the Central Darling local government area (postcode 2879). With a population of 42, the suburb has an older demographic with a median age of 63. Households earn a median income of $28K per year, with an average household size of 1.5 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Sunset Strip is $110,000, having declined 6.8% over the past year. The current median weekly rent is $138. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $585.
Public transport access includes 1 bus stop. The crime rate in the Central Darling LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Sunset Strip offers a gross rental yield of 6.5%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved -6.8% year-on-year.