Coolongolook is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 382, the suburb has an older demographic with a median age of 55. Households earn a median income of $50K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Coolongolook is $758,000, having surged 30.6% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,375.
Coolongolook is served by 1 school, including 1 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Coolongolook offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($758K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +30.6% year-on-year.
Coolongolook is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 382, the suburb has an older demographic with a median age of 55. Households earn a median income of $50K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Coolongolook is $758,000, having surged 30.6% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,375.
Coolongolook is served by 1 school, including 1 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Coolongolook offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($758K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved +30.6% year-on-year.