Canadian Lead is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 19, the suburb has a mature demographic with a median age of 48. Households earn a median income of $97K per year, with an average household size of 2.7 people. The top ancestries reported are Australian, English.
The median house price in Canadian Lead is $50,000, having dropped significantly 97.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 64.0%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Canadian Lead offers a gross rental yield of 64.0%, 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 0.5x is considered affordable. House prices have moved -97.8% year-on-year.
Canadian Lead is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 19, the suburb has a mature demographic with a median age of 48. Households earn a median income of $97K per year, with an average household size of 2.7 people. The top ancestries reported are Australian, English.
The median house price in Canadian Lead is $50,000, having dropped significantly 97.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 64.0%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Canadian Lead offers a gross rental yield of 64.0%, 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 0.5x is considered affordable. House prices have moved -97.8% year-on-year.