Congarinni is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 365, the suburb has a mature demographic with a median age of 53. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Congarinni is $501,000, having grown strongly 6.6% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,699.
Public transport access includes 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Congarinni offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($501K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +6.6% year-on-year.
Congarinni is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 365, the suburb has a mature demographic with a median age of 53. Households earn a median income of $59K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Congarinni is $501,000, having grown strongly 6.6% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,699.
Public transport access includes 3 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Congarinni offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($501K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +6.6% year-on-year.