Waterview Heights is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,364, the suburb has a mature demographic with a median age of 49. Households earn a median income of $77K per year, with an average household size of 2.7 people. The most common occupations are clerical & administrative, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterview Heights is $775,000, having surged 10.3% over the past year. Units have a median price of $288,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,517.
Public transport access includes 18 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Waterview Heights offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered stretched. House prices have moved +10.3% year-on-year.
Waterview Heights is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,364, the suburb has a mature demographic with a median age of 49. Households earn a median income of $77K per year, with an average household size of 2.7 people. The most common occupations are clerical & administrative, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Waterview Heights is $775,000, having surged 10.3% over the past year. Units have a median price of $288,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,517.
Public transport access includes 18 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Waterview Heights offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered stretched. House prices have moved +10.3% year-on-year.