Utungun is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 194, the suburb has a mature demographic with a median age of 49. Households earn a median income of $61K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Utungun is $630,000, having dropped significantly 50.6% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Utungun offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($630K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -50.6% year-on-year.
Utungun is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 194, the suburb has a mature demographic with a median age of 49. Households earn a median income of $61K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Utungun is $630,000, having dropped significantly 50.6% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Utungun offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($630K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -50.6% year-on-year.