Colinroobie is a quiet locality in New South Wales within the Narrandera local government area (postcode 2700). With a population of 51, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $80K per year, with an average household size of 3.2 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, English, Italian.
The median house price in Colinroobie is $1.1 million, having surged 467.6% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Colinroobie offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +467.6% year-on-year.
Colinroobie is a quiet locality in New South Wales within the Narrandera local government area (postcode 2700). With a population of 51, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $80K per year, with an average household size of 3.2 people. The most common occupations are managers, professionals, sales. The top ancestries reported are Australian, English, Italian.
The median house price in Colinroobie is $1.1 million, having surged 467.6% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Colinroobie offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +467.6% year-on-year.