Yarrie Lake is a quiet locality in New South Wales within the Narrabri local government area (postcode 2388). With a population of 73, the suburb has an older demographic with a median age of 57. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Yarrie Lake is $480,000, having surged 41.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $650.
Public transport access includes 1 bus stop. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Yarrie Lake offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +41.2% year-on-year.
Yarrie Lake is a quiet locality in New South Wales within the Narrabri local government area (postcode 2388). With a population of 73, the suburb has an older demographic with a median age of 57. Households earn a median income of $72K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Yarrie Lake is $480,000, having surged 41.2% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $650.
Public transport access includes 1 bus stop. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Yarrie Lake offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +41.2% year-on-year.