Upper Horseshoe Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 118, the suburb has a mature demographic with a median age of 52. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Upper Horseshoe Creek is $618,000, having dropped significantly 18.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 7.8%. The median monthly mortgage repayment is $1,250.
Public transport access includes 8 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Upper Horseshoe Creek offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($618K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved -18.3% year-on-year.
Upper Horseshoe Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 118, the suburb has a mature demographic with a median age of 52. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Upper Horseshoe Creek is $618,000, having dropped significantly 18.3% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 7.8%. The median monthly mortgage repayment is $1,250.
Public transport access includes 8 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Upper Horseshoe Creek offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($618K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.2x is considered stretched. House prices have moved -18.3% year-on-year.