Winegrove is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 28, the suburb has an older demographic with a median age of 63. Households earn a median income of $44K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Winegrove is $940,000, having surged 172.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.7%.
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, Winegrove offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +172.5% year-on-year.
Winegrove is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 28, the suburb has an older demographic with a median age of 63. Households earn a median income of $44K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Winegrove is $940,000, having surged 172.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.7%.
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, Winegrove offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($940K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +172.5% year-on-year.