Theresa Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 72, the suburb has a mature demographic with a median age of 51. Households earn a median income of $43K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Theresa Creek is $640,000, having dropped significantly 11.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $805.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Theresa Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($640K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -11.1% year-on-year.
Theresa Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 72, the suburb has a mature demographic with a median age of 51. Households earn a median income of $43K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Theresa Creek is $640,000, having dropped significantly 11.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $805.
Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Theresa Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($640K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -11.1% year-on-year.