Canonba is a quiet locality in New South Wales within the Bogan local government area (postcode 2825). With a population of 29, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $65K per year, with an average household size of 3 people. The top ancestries reported are Irish, Australian, Italian.
The median house price in Canonba is $575,000, having dropped significantly 89% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%.
Public transport access includes 3 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Canonba offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($575K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -89.0% year-on-year.
Canonba is a quiet locality in New South Wales within the Bogan local government area (postcode 2825). With a population of 29, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $65K per year, with an average household size of 3 people. The top ancestries reported are Irish, Australian, Italian.
The median house price in Canonba is $575,000, having dropped significantly 89% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%.
Public transport access includes 3 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Canonba offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($575K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -89.0% year-on-year.