The Pocket is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 231, the suburb has an established demographic with a median age of 44. Households earn a median income of $94K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in The Pocket is $1.9 million, having surged 62.5% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
The Pocket is served by 1 school, including 1 primary. The average ICSEA score is 1068, which is above the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, The Pocket offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 20.7x is considered stretched. House prices have moved +62.5% year-on-year.
The Pocket is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 231, the suburb has an established demographic with a median age of 44. Households earn a median income of $94K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in The Pocket is $1.9 million, having surged 62.5% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
The Pocket is served by 1 school, including 1 primary. The average ICSEA score is 1068, which is above the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, The Pocket offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 20.7x is considered stretched. House prices have moved +62.5% year-on-year.