Cookamidgera is a quiet locality in New South Wales within the Forbes local government area (postcode 2870). With a population of 151, the suburb has a mature demographic with a median age of 48. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Cookamidgera is $390,000, having increased 4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,491.
Public transport access includes 11 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Cookamidgera offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($390K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +4.0% year-on-year.
Cookamidgera is a quiet locality in New South Wales within the Forbes local government area (postcode 2870). With a population of 151, the suburb has a mature demographic with a median age of 48. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Cookamidgera is $390,000, having increased 4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,491.
Public transport access includes 11 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Cookamidgera offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($390K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +4.0% year-on-year.