Anglers Reach (postcode 2629) is a sparsely populated locality in New South Wales within the Snowy Monaro Regional local government area. It is home to about 78 residents, with a predominantly older resident base and a median age of 65. Households earn a median income of $47K per year, with an average household size of 1.9 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, technicians & trades. Employment in the area leans toward accommodation & food and public admin & safety. The top ancestries reported are English, Australian, German.
The median house price in Anglers Reach is $460,000, having declined steeply by 15.6% over the past year. The current median weekly rent is $1200. This gives a gross rental yield of approximately 13.6%. The median monthly mortgage repayment is $1,083.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 13.6%, which reads as high yield. Property prices sit below the state median ($460K/$1.5M), which can point to relative value. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -15.6% year-on-year.