Black Hollow is a quiet locality in New South Wales within the Coonamble local government area (postcode 2828). With a population of 11, the suburb has an older demographic with a median age of 56. Households earn a median income of $72K per year, with an average household size of 2 people. The top ancestries reported are English, Aboriginal Australian, German.
The median house price in Black Hollow is $3.5 million, having dropped significantly 29.9% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $1,080.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Black Hollow offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.0x is considered stretched. House prices have moved -29.9% year-on-year.
Black Hollow is a quiet locality in New South Wales within the Coonamble local government area (postcode 2828). With a population of 11, the suburb has an older demographic with a median age of 56. Households earn a median income of $72K per year, with an average household size of 2 people. The top ancestries reported are English, Aboriginal Australian, German.
The median house price in Black Hollow is $3.5 million, having dropped significantly 29.9% over the past year. The current median weekly rent is $190. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $1,080.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Black Hollow offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 49.0x is considered stretched. House prices have moved -29.9% year-on-year.