Coorabell is a quiet locality in New South Wales within the Byron local government area (postcode 2479). With a population of 481, the suburb has a mature demographic with a median age of 48. Households earn a median income of $110K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Coorabell is $1.8 million, having surged 26.1% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,485.
Coorabell is served by 1 school, including 1 primary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 35 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Coorabell offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +26.1% year-on-year.
Coorabell is a quiet locality in New South Wales within the Byron local government area (postcode 2479). With a population of 481, the suburb has a mature demographic with a median age of 48. Households earn a median income of $110K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Coorabell is $1.8 million, having surged 26.1% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,485.
Coorabell is served by 1 school, including 1 primary. The average ICSEA score is 1066, which is above the national average of 1,000. Public transport access includes 35 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Coorabell offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +26.1% year-on-year.