Cavan is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 37, the suburb has a mature demographic with a median age of 50. Households earn a median income of $160K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Cavan is $790,000, having surged 12.9% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 2 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Cavan offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +12.9% year-on-year.
Cavan is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 37, the suburb has a mature demographic with a median age of 50. Households earn a median income of $160K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Cavan is $790,000, having surged 12.9% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,500.
Public transport access includes 2 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Cavan offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($790K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +12.9% year-on-year.