Coolringdon is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 73, the suburb has an older demographic with a median age of 55. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, German.
The median house price in Coolringdon is $925,000, having surged 36900% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $867.
Public transport access includes 8 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Coolringdon offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($925K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +36900.0% year-on-year.
Coolringdon is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 73, the suburb has an older demographic with a median age of 55. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, German.
The median house price in Coolringdon is $925,000, having surged 36900% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $867.
Public transport access includes 8 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Coolringdon offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($925K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.9x is considered stretched. House prices have moved +36900.0% year-on-year.