Cobramunga is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 41, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. The top ancestries reported are English, Scottish, Australian.
The median house price in Cobramunga is $9.2 million, having surged 624.6% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $2,513.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Cobramunga offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($9.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 181.3x is considered stretched. House prices have moved +624.6% year-on-year.
Cobramunga is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 41, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. The top ancestries reported are English, Scottish, Australian.
The median house price in Cobramunga is $9.2 million, having surged 624.6% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $2,513.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Cobramunga offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($9.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 181.3x is considered stretched. House prices have moved +624.6% year-on-year.