Carcalgong is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 45, the suburb has an older demographic with a median age of 56. Households earn a median income of $44K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Carcalgong is $655,000, having surged 184.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,685.
Public transport access includes 1 bus stop. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Carcalgong offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($655K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +184.8% year-on-year.
Carcalgong is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 45, the suburb has an older demographic with a median age of 56. Households earn a median income of $44K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Carcalgong is $655,000, having surged 184.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,685.
Public transport access includes 1 bus stop. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Carcalgong offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($655K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +184.8% year-on-year.