Araluen is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 209, the suburb has a mature demographic with a median age of 53. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Araluen is $555,000, having surged 23.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,105.
Public transport access includes 12 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Araluen offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($555K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +23.3% year-on-year.
Araluen is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 209, the suburb has a mature demographic with a median age of 53. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Araluen is $555,000, having surged 23.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,105.
Public transport access includes 12 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Araluen offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($555K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.2x is considered stretched. House prices have moved +23.3% year-on-year.