Kyogle Property Update

July 17, 2017
Tim Roberts

The size of Kyogle is approximately 35 square kilometres. It has 4 parks covering nearly 1% of total area. The population of Kyogle in 2006 was 2,159 people. By 2011 the population was 2,548 showing a population growth of 18% in the area during that time. The predominant age group in Kyogle is 0-14 years. Households in Kyogle are primarily couples with children and are likely to be repaying between $1400 - $1800 per month on mortgage repayments. In general, people in Kyogle work in a non-specific occupation. In 2006, 68.3% of the homes in Kyogle were owner-occupied compared with 69.0% in 2011. Currently the median sales price of houses in the area is $255,000.

 

The property market over the past 12 months in Kyogle has remained steady. If you’re currently paying 4% or higher interest on your home loan it might be time to give us a call – Ph: 66847096

 

Posted in: Property market

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