Carrathool is a quiet locality in New South Wales within the Carrathool local government area (postcode 2711). With a population of 200, the suburb has an established demographic with a median age of 42. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Carrathool is $1.3 million, having dropped significantly 25.1% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $700.
Public transport access includes 4 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Carrathool offers a gross rental yield of 1.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved -25.1% year-on-year.
Carrathool is a quiet locality in New South Wales within the Carrathool local government area (postcode 2711). With a population of 200, the suburb has an established demographic with a median age of 42. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Carrathool is $1.3 million, having dropped significantly 25.1% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $700.
Public transport access includes 4 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Carrathool offers a gross rental yield of 1.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved -25.1% year-on-year.