Warrazambil Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 19, the suburb has an older demographic with a median age of 67. Households earn a median income of $49K per year, with an average household size of 2 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Warrazambil Creek is $1.1 million, having surged 27.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $520.
Public transport access includes 3 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Warrazambil Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +27.7% year-on-year.
Warrazambil Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 19, the suburb has an older demographic with a median age of 67. Households earn a median income of $49K per year, with an average household size of 2 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Warrazambil Creek is $1.1 million, having surged 27.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $520.
Public transport access includes 3 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Warrazambil Creek offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +27.7% year-on-year.