Yarravel is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 1,182, the suburb has a mature demographic with a median age of 47. Households earn a median income of $69K per year, with an average household size of 2.7 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Yarravel is $735,000, having increased 2.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,600.
Yarravel is served by 1 school, including 1 primary. The average ICSEA score is 896, which is well below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Yarravel offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +2.8% year-on-year.
Yarravel is a small community in New South Wales within the Kempsey local government area (postcode 2440). With a population of 1,182, the suburb has a mature demographic with a median age of 47. Households earn a median income of $69K per year, with an average household size of 2.7 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Yarravel is $735,000, having increased 2.8% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,600.
Yarravel is served by 1 school, including 1 primary. The average ICSEA score is 896, which is well below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Yarravel offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +2.8% year-on-year.