Warragai Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 84, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 3.1 people. The most common occupations are community & personal service, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Warragai Creek is $620,000, having dropped significantly 38.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,672.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Warragai Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -38.6% year-on-year.
Warragai Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 84, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 3.1 people. The most common occupations are community & personal service, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Warragai Creek is $620,000, having dropped significantly 38.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,672.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Warragai Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.3x is considered moderate. House prices have moved -38.6% year-on-year.