Wombat Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). Households earn a median income of $30K per year, with an average household size of 1 people.
The median house price in Wombat Creek is $620,000, having surged 5338.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Wombat Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 20.7x is considered stretched. House prices have moved +5338.6% year-on-year.
Wombat Creek is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). Households earn a median income of $30K per year, with an average household size of 1 people.
The median house price in Wombat Creek is $620,000, having surged 5338.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Wombat Creek offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($620K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 20.7x is considered stretched. House prices have moved +5338.6% year-on-year.