Calimo is a quiet locality in New South Wales within the Murray River local government area (postcode 2710). With a population of 71, the suburb has a mature demographic with a median age of 45. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, sales. The top ancestries reported are Australian, Irish, English.
The median house price in Calimo is $670,000, having dropped significantly 55.3% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $3,300.
Public transport access includes 1 bus stop. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Calimo offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($670K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -55.3% year-on-year.
Calimo is a quiet locality in New South Wales within the Murray River local government area (postcode 2710). With a population of 71, the suburb has a mature demographic with a median age of 45. Households earn a median income of $80K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers, sales. The top ancestries reported are Australian, Irish, English.
The median house price in Calimo is $670,000, having dropped significantly 55.3% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $3,300.
Public transport access includes 1 bus stop. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Calimo offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($670K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -55.3% year-on-year.