Cooleys Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 8, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 3 people. The top ancestries reported are Irish, English, Australian.
The median house price in Cooleys Creek is $90,000, having surged 800% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 24.8%. The median monthly mortgage repayment is $1,734.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Cooleys Creek offers a gross rental yield of 24.8%, rated as high yield. Property prices sit below the state median ($90K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved +800.0% year-on-year.
Cooleys Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 8, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 3 people. The top ancestries reported are Irish, English, Australian.
The median house price in Cooleys Creek is $90,000, having surged 800% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 24.8%. The median monthly mortgage repayment is $1,734.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Cooleys Creek offers a gross rental yield of 24.8%, rated as high yield. Property prices sit below the state median ($90K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.8x is considered affordable. House prices have moved +800.0% year-on-year.