Coolagolite is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 309, the suburb has a mature demographic with a median age of 51. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Coolagolite is $1.3 million, having surged 91.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,135.
Public transport access includes 19 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Coolagolite offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +91.8% year-on-year.
Coolagolite is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 309, the suburb has a mature demographic with a median age of 51. Households earn a median income of $62K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Coolagolite is $1.3 million, having surged 91.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,135.
Public transport access includes 19 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Coolagolite offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +91.8% year-on-year.