Comara is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 27, the suburb has an older demographic with a median age of 64. Households earn a median income of $68K per year, with an average household size of 2 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Comara is $180,000, having dropped significantly 40% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 13.3%. The median monthly mortgage repayment is $433.
Public transport access includes 1 bus stop. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Comara offers a gross rental yield of 13.3%, rated as high yield. Property prices sit below the state median ($180K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -40.0% year-on-year.
Comara is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 27, the suburb has an older demographic with a median age of 64. Households earn a median income of $68K per year, with an average household size of 2 people. The most common occupations are labourers, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Comara is $180,000, having dropped significantly 40% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 13.3%. The median monthly mortgage repayment is $433.
Public transport access includes 1 bus stop. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Comara offers a gross rental yield of 13.3%, rated as high yield. Property prices sit below the state median ($180K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -40.0% year-on-year.