Undercliffe is a quiet locality in New South Wales within the Tenterfield local government area (postcode 4380). With a population of 27, the suburb has an older demographic with a median age of 59. Households earn a median income of $43K per year, with an average household size of 2.4 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Undercliffe is $660,000, having surged 500% over the past year. Units have a median price of $800,000 (-5.9% YoY). The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.2%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Undercliffe offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($660K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved +500.0% year-on-year.
Undercliffe is a quiet locality in New South Wales within the Tenterfield local government area (postcode 4380). With a population of 27, the suburb has an older demographic with a median age of 59. Households earn a median income of $43K per year, with an average household size of 2.4 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Undercliffe is $660,000, having surged 500% over the past year. Units have a median price of $800,000 (-5.9% YoY). The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 2.2%.
The crime rate in the Tenterfield LGA is moderate at 5,154 incidents per 100,000 population.
From an investment perspective, Undercliffe offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($660K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved +500.0% year-on-year.