Canobolas is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 481, the suburb has a mature demographic with a median age of 48. Households earn a median income of $118K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Canobolas is $1.3 million, having dropped significantly 17% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Public transport access includes 17 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Canobolas offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved -17.0% year-on-year.
Canobolas is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 481, the suburb has a mature demographic with a median age of 48. Households earn a median income of $118K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Canobolas is $1.3 million, having dropped significantly 17% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,000.
Public transport access includes 17 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Canobolas offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved -17.0% year-on-year.