Wittitrin is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 56, the suburb has an established demographic with a median age of 44. Households earn a median income of $75K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, labourers. The top ancestries reported are Australian, English, German.
The median house price in Wittitrin is $365,000, having dropped significantly 51.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $780.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Wittitrin offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($365K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -51.5% year-on-year.
Wittitrin is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 56, the suburb has an established demographic with a median age of 44. Households earn a median income of $75K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, labourers. The top ancestries reported are Australian, English, German.
The median house price in Wittitrin is $365,000, having dropped significantly 51.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $780.
Public transport access includes 2 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Wittitrin offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($365K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -51.5% year-on-year.