Charbon is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2848). With a population of 91, the suburb has a mature demographic with a median age of 50. Households earn a median income of $39K per year, with an average household size of 1.8 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Charbon is $61,000, having dropped significantly 16.6% over the past year. The current median weekly rent is $425. This gives a gross rental yield of approximately 36.5%. The median monthly mortgage repayment is $737.
Public transport access includes 6 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Charbon offers a gross rental yield of 36.5%, rated as high yield. Property prices sit below the state median ($61K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.6x is considered affordable. House prices have moved -16.6% year-on-year.
Charbon is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2848). With a population of 91, the suburb has a mature demographic with a median age of 50. Households earn a median income of $39K per year, with an average household size of 1.8 people. The most common occupations are technicians & trades, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Charbon is $61,000, having dropped significantly 16.6% over the past year. The current median weekly rent is $425. This gives a gross rental yield of approximately 36.5%. The median monthly mortgage repayment is $737.
Public transport access includes 6 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Charbon offers a gross rental yield of 36.5%, rated as high yield. Property prices sit below the state median ($61K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.6x is considered affordable. House prices have moved -16.6% year-on-year.