Colo Vale is a small community in New South Wales within the Wingecarribee local government area (postcode 2575). The area has roughly 1,775 residents and a settled mid-life population, with a median age of 38. Households earn a median income of $98K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Colo Vale is $1.0 million, having jumped by 25% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,100.
Colo Vale is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 rail stations, 42 bus stops. The crime rate in the Wingecarribee LGA is low at 1,470 incidents per 100,000 population.
Looking at the investment signals, Colo Vale shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +25.0% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.