Clear Range is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2620). With a population of 34, the suburb has an established demographic with a median age of 42. Households earn a median income of $143K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Clear Range is $635,000, having surged 81.4% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $2,500.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Clear Range offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($635K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +81.4% year-on-year.
Clear Range is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2620). With a population of 34, the suburb has an established demographic with a median age of 42. Households earn a median income of $143K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Clear Range is $635,000, having surged 81.4% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $2,500.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Clear Range offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($635K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +81.4% year-on-year.