Watsons Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 94, the suburb has a mature demographic with a median age of 53. Households earn a median income of $39K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Watsons Creek is $315,000, having surged 12.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,170.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Watsons Creek offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +12.5% year-on-year.
Watsons Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 94, the suburb has a mature demographic with a median age of 53. Households earn a median income of $39K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Watsons Creek is $315,000, having surged 12.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,170.
Public transport access includes 2 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Watsons Creek offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +12.5% year-on-year.