Cooks Myalls is a quiet locality in New South Wales within the Parkes local government area (postcode 2870). With a population of 49, the suburb has an established demographic with a median age of 43. Households earn a median income of $71K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Cooks Myalls is $710,000, having surged 10341.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 11 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Cooks Myalls offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +10341.2% year-on-year.
Cooks Myalls is a quiet locality in New South Wales within the Parkes local government area (postcode 2870). With a population of 49, the suburb has an established demographic with a median age of 43. Households earn a median income of $71K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Cooks Myalls is $710,000, having surged 10341.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 11 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Cooks Myalls offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +10341.2% year-on-year.