Coolumburra is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2622). With a population of 3, the suburb has an older demographic with a median age of 70. Households earn a median income of $38K per year, with an average household size of 2 people.
The median house price in Coolumburra is $1.4 million, having surged 59.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.0%.
The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Coolumburra offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 35.9x is considered stretched. House prices have moved +59.4% year-on-year.
Coolumburra is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2622). With a population of 3, the suburb has an older demographic with a median age of 70. Households earn a median income of $38K per year, with an average household size of 2 people.
The median house price in Coolumburra is $1.4 million, having surged 59.4% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.0%.
The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Coolumburra offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 35.9x is considered stretched. House prices have moved +59.4% year-on-year.