Coolah is a small community in New South Wales within the Warrumbungle Shire local government area (postcode 2843). With a population of 1,262, the suburb has a mature demographic with a median age of 47. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Coolah is $415,000, having surged 13.7% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,000.
Coolah is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 69 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Coolah offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($415K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +13.7% year-on-year.
Coolah is a small community in New South Wales within the Warrumbungle Shire local government area (postcode 2843). With a population of 1,262, the suburb has a mature demographic with a median age of 47. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Coolah is $415,000, having surged 13.7% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,000.
Coolah is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 69 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Coolah offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($415K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +13.7% year-on-year.