Conargo is a quiet locality in New South Wales within the Edward River local government area (postcode 2710). With a population of 117, the suburb has a mature demographic with a median age of 48. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Conargo is $7.5 million, having surged 420.4% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $1,500.
Conargo is served by 1 school, including 1 primary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Edward River LGA is moderate at 5,647 incidents per 100,000 population.
From an investment perspective, Conargo offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 109.5x is considered stretched. House prices have moved +420.4% year-on-year.
Conargo is a quiet locality in New South Wales within the Edward River local government area (postcode 2710). With a population of 117, the suburb has a mature demographic with a median age of 48. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Conargo is $7.5 million, having surged 420.4% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $1,500.
Conargo is served by 1 school, including 1 primary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 2 bus stops. The crime rate in the Edward River LGA is moderate at 5,647 incidents per 100,000 population.
From an investment perspective, Conargo offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 109.5x is considered stretched. House prices have moved +420.4% year-on-year.