Located in New South Wales within the Greater Hume Shire local government area, Cookardinia is a quiet locality (postcode 2650). The area has roughly 81 residents and an established demographic, with a median age of 44. Households earn a median income of $87K per year, with an average household size of 2.5 people. 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 managers, professionals, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Scottish.
Median house prices in Cookardinia stand at $1.8 million, having jumped by 93.2% over the last twelve months. The current median weekly rent is $540. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,150.
Public transport access includes 3 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,298 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 1.6%, which reads as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +93.2% year-on-year.