Coongbar is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). Households earn a median income of $169K per year, with an average household size of 1.5 people.
The median house price in Coongbar is $200,000, having dropped significantly 83.3% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 12.7%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Coongbar offers a gross rental yield of 12.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -83.3% year-on-year.
Coongbar is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). Households earn a median income of $169K per year, with an average household size of 1.5 people.
The median house price in Coongbar is $200,000, having dropped significantly 83.3% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 12.7%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Coongbar offers a gross rental yield of 12.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -83.3% year-on-year.