Upper Karuah River is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 3, the suburb has an older demographic with a median age of 72. Households earn a median income of $43K per year, with an average household size of 2 people.
The median house price in Upper Karuah River is $1.0 million, having surged 130% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 1.5%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Upper Karuah River offers a gross rental yield of 1.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 24.2x is considered stretched. House prices have moved +130.0% year-on-year.
Upper Karuah River is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2415). With a population of 3, the suburb has an older demographic with a median age of 72. Households earn a median income of $43K per year, with an average household size of 2 people.
The median house price in Upper Karuah River is $1.0 million, having surged 130% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 1.5%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Upper Karuah River offers a gross rental yield of 1.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 24.2x is considered stretched. House prices have moved +130.0% year-on-year.