Coaldale is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 73, the suburb has a mature demographic with a median age of 47. Households earn a median income of $110K per year, with an average household size of 3.1 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Coaldale is $608,000, having surged 10.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,289.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Coaldale offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($608K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +10.5% year-on-year.
Coaldale is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 73, the suburb has a mature demographic with a median age of 47. Households earn a median income of $110K per year, with an average household size of 3.1 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Coaldale is $608,000, having surged 10.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,289.
Public transport access includes 3 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Coaldale offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($608K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.5x is considered affordable. House prices have moved +10.5% year-on-year.