Located in New South Wales within the Murray River local government area, Cobramunga is a sparsely populated locality (postcode 2732). The area has roughly 41 residents and an older-leaning population, with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The top ancestries reported are English, Scottish, Australian.
The current median weekly rent is $185. The median monthly mortgage repayment is $2,513.
The crime rate in the Murray River LGA is below average at 3,467 incidents per 100,000 population.
From an investment perspective, Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.