Coleambally is a small community in New South Wales within the Murrumbidgee local government area (postcode 2707). With a population of 1,152, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Coleambally is $645,000, having surged 32.6% over the past year. The current median weekly rent is $340. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $867.
Coleambally is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 966, which is around the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Coleambally offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($645K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +32.6% year-on-year.
Coleambally is a small community in New South Wales within the Murrumbidgee local government area (postcode 2707). With a population of 1,152, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Coleambally is $645,000, having surged 32.6% over the past year. The current median weekly rent is $340. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $867.
Coleambally is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 966, which is around the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Coleambally offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($645K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +32.6% year-on-year.