West Kempsey is a mid-sized suburb in New South Wales within the Kempsey local government area (postcode 2440). With a population of 5,073, the suburb has an established demographic with a median age of 40. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in West Kempsey is $387,000, having dropped significantly 15.9% over the past year. Units have a median price of $300,000 (+7.1% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,170.
West Kempsey is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 60 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, West Kempsey offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($387K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved -15.9% year-on-year.
West Kempsey is a mid-sized suburb in New South Wales within the Kempsey local government area (postcode 2440). With a population of 5,073, the suburb has an established demographic with a median age of 40. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in West Kempsey is $387,000, having dropped significantly 15.9% over the past year. Units have a median price of $300,000 (+7.1% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,170.
West Kempsey is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 60 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, West Kempsey offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($387K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved -15.9% year-on-year.