Yerong Creek is a quiet locality in New South Wales within the Lockhart local government area (postcode 2642). With a population of 355, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Yerong Creek is $198,000, having dropped significantly 45.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 12.9%. The median monthly mortgage repayment is $867.
Yerong Creek is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Yerong Creek offers a gross rental yield of 12.9%, rated as high yield. Property prices sit below the state median ($198K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -45.1% year-on-year.
Yerong Creek is a quiet locality in New South Wales within the Lockhart local government area (postcode 2642). With a population of 355, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Yerong Creek is $198,000, having dropped significantly 45.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 12.9%. The median monthly mortgage repayment is $867.
Yerong Creek is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Yerong Creek offers a gross rental yield of 12.9%, rated as high yield. Property prices sit below the state median ($198K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -45.1% year-on-year.