Ardlethan is a quiet locality in New South Wales within the Coolamon local government area (postcode 2665). With a population of 472, the suburb has an older demographic with a median age of 55. Households earn a median income of $41K per year, with an average household size of 2 people. The most common occupations are managers, community & personal service, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Ardlethan is $1.5 million, having surged 885.1% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $494.
Ardlethan is served by 1 school, including 1 combined. The average ICSEA score is 867, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Ardlethan offers a gross rental yield of 0.6%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 36.8x is considered stretched. House prices have moved +885.1% year-on-year.
Ardlethan is a quiet locality in New South Wales within the Coolamon local government area (postcode 2665). With a population of 472, the suburb has an older demographic with a median age of 55. Households earn a median income of $41K per year, with an average household size of 2 people. The most common occupations are managers, community & personal service, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Ardlethan is $1.5 million, having surged 885.1% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $494.
Ardlethan is served by 1 school, including 1 combined. The average ICSEA score is 867, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Ardlethan offers a gross rental yield of 0.6%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 36.8x is considered stretched. House prices have moved +885.1% year-on-year.