Inverell Shire, NSW

Inverell Shire is a local government area located in New South Wales’s North West Slopes region. The LGA’s property market is quite stable with a healthy mix of both residential and commercial properties. The area is seeing a lot of development, so there is potential for capital growth in the future.

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The shire is home to a number of large cattle stations and a number of forestry plantations. The shire is also a popular tourist destination, with serveral tourist attractions, including the Inverell Tiger Trout Farm, the Inverell RSL, and the Inverell Snowy Mountains Museum.

Managers (16.4%), Labourers (16.4%), Professionals (14.0%), Technicians and Trades Workers (13.5%), and Community and Personal Service Workers (11.7%) are the most frequent jobs in Inverell.

Inverell’s typical weekly personal income for residents aged 15 years and older is $509.

Inverell Shire is rural, with small towns and villages. The real estate is mostly farmland, with some small acreages and hobby farms. There are also some houses in the towns and villages. Inverell has 88.7 % detached homes, 2.8 % semi-detached, row or terrace houses, townhouses, etc., 5.8 % flats or apartments, and 1.0 % other housing.

If you are looking to invest in property in Inverell Shire, there are a few things to consider. Firstly, you should research the area to find out what the median house price is and what the average rental yield is. This will give you an idea of how much you can expect to earn from your investment.

You should also be aware of the current market conditions and whether the area is in a growth or decline phase. This will help you to decide whether now is the right time to invest.

Once you have chosen a property, you should get a property valuation to get an accurate estimate of its worth. You should also enlist the help of a property manager to help you manage and rent out your property.

By following these tips, you can maximise your chances of success when investing in property in Inverell Shire.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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unit to houses pie charts
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GRC chart

Confidence: High, Medium, Low

Supply

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Hold chart
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Property Market in Inverell Shire Council, NSW

What other property markets are there near Inverell Shire Council, NSW?

Inverell Shire Council is surrounded by 5 other council areas – Armidale Regional, Glen Innes Severn Shire, Gwydir, Tenterfield, Moree Plains.

Suburbs/localities in this Local Government Area: Atholwood 2361, Auburn Vale 2360, Elsmore 2360, Emmaville 2371, Georges Creek 2365, Gilgai 2360, Gragin 2403, Gum Flat 2360, Howell 2360, Inverell 2360, Kings Plains 2360, Bassendean 2365, Limestone 2361, Little Plain 2360, Long Plain 2360, Maybole 2365, Mount Russell 2360, New Valley 2365, Newstead 2360, Nullamanna 2360, Oakwood 2360, Old Mill 2369, Paradise 2360, Pindaroi 2361, Rob Roy 2360, Rocky Creek 2371, Sapphire 2360, Spring Mountain 2360, Stanborough 2360, Stannifer 2369, Swan Vale 2370, Swanbrook 2360, Texas 4385, The Basin 2365, Tingha 2369, Twin Rivers 2410, Wallangra 2360, Wandera 2360, Wellingrove 2370, Yellow Dam 2371, Yetman 2410, Bonshaw 2361, Woodstock 2360, Kingsland 2370, Brodies Plains 2360, Bukkulla 2360, Bundarra 2359, Camp Creek 4385, Cherry Tree Hill 2360, Ashford 2361

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