Coolumbooka is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 13, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Irish, Scottish.
The median house price in Coolumbooka is $170,000, having dropped significantly 89.3% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 8.6%. The median monthly mortgage repayment is $1,200.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Coolumbooka offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($170K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved -89.3% year-on-year.
Coolumbooka is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 13, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Irish, Scottish.
The median house price in Coolumbooka is $170,000, having dropped significantly 89.3% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 8.6%. The median monthly mortgage repayment is $1,200.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Coolumbooka offers a gross rental yield of 8.6%, rated as high yield. Property prices sit below the state median ($170K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved -89.3% year-on-year.