True Cost of Buying in Kyogle

2474 NSW · 758km to CBD

Stable

Market Intelligence

Kyogle, 2474, presents itself as an appealing regional hub in northern NSW, characterized by its affordability and strong community feel. With a median house price significantly below metropolitan averages at $385,000, it offers an accessible entry point into the property market for first-time buyers, families, and those seeking a tree-change. The town's population of 2,800 is indicative of a close-knit community, a sentiment reinforced by its excellent Safety Rating of 8.0/10. This is a place where residents can enjoy a relaxed pace of life without compromising on essential services. The robust Investment Score of 72.0/100, coupled with a respectable Growth Potential of 68.0/100, highlights Kyogle's attractiveness to investors. The impressive rental yield of 4.8% for houses and a low vacancy rate of 1.8% underscore the strong demand for rental properties, indicating a stable and potentially lucrative income stream for landlords. While its distance from a major CBD (758.0km) signifies a truly regional existence, this is often a draw for those looking to escape urban congestion. The median income of $42,000 reflects the regional economic landscape, suggesting a focus on local industries and services. Although the Walkability Score of 45.0/100 implies a reliance on vehicles for daily errands, the community's size often means amenities are still easily accessible. The Schools Rating of 6.0/10 suggests a solid educational foundation, with room for improvement. Overall, Kyogle offers a balanced lifestyle proposition with significant investment potential in a friendly, safe environment.

Highly affordable property prices for both houses and units, offering accessible entry to the market.Strong investment potential with a high Investment Score and solid Growth Potential.Attractive rental market demonstrated by a healthy 4.8% rental yield and low 1.8% vacancy rate.Excellent safety rating contributing to a secure and family-friendly environment.Close-knit community feel due to the manageable population size.

Market Snapshot

Median House

$385K

+3.2% 1yr

Median Apartment

$280K

+2.8% 1yr

Median Townhouse

Vacancy Rate

1.8%

65 avg DOM

Yield (Apartment)

5.2%

Yield (House)

4.8%

Auction Clearance

55%

Population

2,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$2,458/mo

Purchase Price

$280,000

Stamp Duty

$7,970

1st Year Total

$29,492

House

$2,532/mo

Purchase Price

$385,000

Stamp Duty

$11,855

1st Year Total

$30,389

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Community Profile

Median Income

$42,000

Median Age

48

Family Households

58%

Owner-Occupied

68%

Walkability

45/100

Public Transport

2/10

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