Cooperabung (postcode 2441) is a sparsely populated locality in New South Wales within the Port Macquarie-Hastings local government area. The area has roughly 293 residents and a mature demographic, with a median age of 46. Households earn a median income of $95K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Cooperabung has a median house price of $1.1 million, which has fallen sharply by 18.4% year-on-year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,796.
Public transport access includes 1 bus stop. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
From an investment perspective, Cooperabung shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.2x is considered stretched. House prices have moved -18.4% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.