Argoon is a quiet locality in New South Wales within the Murrumbidgee local government area (postcode 2707). With a population of 16, the suburb has a mature demographic with a median age of 45. Households earn a median income of $143K per year, with an average household size of 3.5 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Argoon is $50,000, having surged 9940% over the past year. The current median weekly rent is $340. This gives a gross rental yield of approximately 35.2%.
Public transport access includes 5 bus stops. The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Argoon offers a gross rental yield of 35.2%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved +9940.0% year-on-year.
Argoon is a quiet locality in New South Wales within the Murrumbidgee local government area (postcode 2707). With a population of 16, the suburb has a mature demographic with a median age of 45. Households earn a median income of $143K per year, with an average household size of 3.5 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Argoon is $50,000, having surged 9940% over the past year. The current median weekly rent is $340. This gives a gross rental yield of approximately 35.2%.
Public transport access includes 5 bus stops. The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Argoon offers a gross rental yield of 35.2%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved +9940.0% year-on-year.