Cathcart is a sparsely populated locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). It is home to about 106 residents, with a blend of families and working-age professionals and a median age of 37. Households earn a median income of $68K per year, with an average household size of 2.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Scottish.
Median house prices in Cathcart sit at $93,000, little changed on a year ago. The current median weekly rent is $340. This gives a gross rental yield of approximately 19.0%. The median monthly mortgage repayment is $954.
Public transport access includes 6 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 19.0%, which reads as high yield. Property prices sit below the state median ($93K/$1.5M), which can point to relative value. The price-to-income ratio of 1.4x is considered affordable. House prices have moved +0.0% year-on-year.