Cooplacurripa is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 9, the suburb has a predominantly older resident base with a median age of 62. Households earn a median income of $55K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 top ancestries reported are Irish, German, English.
Median house prices in Cooplacurripa stand at $225,000, having declined steeply by 15.9% over the last twelve months. The median weekly rent is $130 (Census 2021). This gives a gross rental yield of approximately 3.0%.
The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.0%, which reads as moderate yield. Property prices sit below the state median ($225K/$1.5M), which can point to relative value. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -15.9% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.