Waterview is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 90, the suburb has an older demographic with a median age of 57. Households earn a median income of $40K per year, with an average household size of 1.6 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterview is $540,000, having dropped significantly 31.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $975.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Waterview offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -31.6% year-on-year.
Waterview is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 90, the suburb has an older demographic with a median age of 57. Households earn a median income of $40K per year, with an average household size of 1.6 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterview is $540,000, having dropped significantly 31.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $975.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Waterview offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -31.6% year-on-year.