Coolangatta is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 324, the suburb has a mature demographic with a median age of 51. Households earn a median income of $107K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Coolangatta is $2.1 million, having dropped significantly 21.9% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,833.
Public transport access includes 6 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Coolangatta offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.9x is considered stretched. House prices have moved -21.9% year-on-year.
Coolangatta is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 324, the suburb has a mature demographic with a median age of 51. Households earn a median income of $107K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Coolangatta is $2.1 million, having dropped significantly 21.9% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,833.
Public transport access includes 6 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Coolangatta offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.9x is considered stretched. House prices have moved -21.9% year-on-year.