The Pinnacles is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 87, the suburb has an older demographic with a median age of 57. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in The Pinnacles is $233,000, having dropped significantly 13.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 10.7%. The median monthly mortgage repayment is $2,110.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, The Pinnacles offers a gross rental yield of 10.7%, rated as high yield. Property prices sit below the state median ($233K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -13.6% year-on-year.
The Pinnacles is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 87, the suburb has an older demographic with a median age of 57. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in The Pinnacles is $233,000, having dropped significantly 13.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 10.7%. The median monthly mortgage repayment is $2,110.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, The Pinnacles offers a gross rental yield of 10.7%, rated as high yield. Property prices sit below the state median ($233K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -13.6% year-on-year.