The Whiteman is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 158, the suburb has an established demographic with a median age of 44. Households earn a median income of $92K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in The Whiteman is $750,000, having dropped significantly 53.1% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,855.
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 Whiteman offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -53.1% year-on-year.
The Whiteman is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 158, the suburb has an established demographic with a median age of 44. Households earn a median income of $92K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in The Whiteman is $750,000, having dropped significantly 53.1% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,855.
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 Whiteman offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -53.1% year-on-year.