Yamba is a mid-sized suburb in New South Wales within the Clarence Valley local government area (postcode 2464). With a population of 6,405, the suburb has an older demographic with a median age of 57. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yamba is $1.2 million, having surged 35.4% over the past year. Units have a median price of $785,000 (+1.6% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,630.
Yamba is served by 2 schools, including 2 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 29 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Yamba offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +35.4% year-on-year.
Yamba is a mid-sized suburb in New South Wales within the Clarence Valley local government area (postcode 2464). With a population of 6,405, the suburb has an older demographic with a median age of 57. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Yamba is $1.2 million, having surged 35.4% over the past year. Units have a median price of $785,000 (+1.6% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,630.
Yamba is served by 2 schools, including 2 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 29 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Yamba offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +35.4% year-on-year.