Argalong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 16, the suburb has an established demographic with a median age of 44. Households earn a median income of $104K per year, with an average household size of 2.7 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English.
The median house price in Argalong is $480,000, having surged 28% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,060.
Public transport access includes 1 bus stop. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Argalong offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved +28.0% year-on-year.
Argalong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 16, the suburb has an established demographic with a median age of 44. Households earn a median income of $104K per year, with an average household size of 2.7 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English.
The median house price in Argalong is $480,000, having surged 28% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,060.
Public transport access includes 1 bus stop. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Argalong offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved +28.0% year-on-year.