Yelgun is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 88, the suburb has a mature demographic with a median age of 52. Households earn a median income of $70K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Yelgun is $945,000, having dropped significantly 41.3% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,463.
The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Yelgun offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($945K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -41.3% year-on-year.
Yelgun is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 88, the suburb has a mature demographic with a median age of 52. Households earn a median income of $70K per year, with an average household size of 2.7 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Yelgun is $945,000, having dropped significantly 41.3% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,463.
The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Yelgun offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($945K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved -41.3% year-on-year.