Upper Eden Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 45, the suburb has an older demographic with a median age of 57. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, sales, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Upper Eden Creek is $714,000, having dropped significantly 37.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,300.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Upper Eden Creek offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($714K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -37.8% year-on-year.
Upper Eden Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 45, the suburb has an older demographic with a median age of 57. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are clerical & administrative, sales, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Upper Eden Creek is $714,000, having dropped significantly 37.8% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,300.
The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Upper Eden Creek offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($714K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -37.8% year-on-year.