Located in New South Wales within the Snowy Monaro Regional local government area, Cootralantra is a small, quiet locality (postcode 2628). The area has roughly 107 residents and a settled mid-life population, with a median age of 42. Households earn a median income of $94K per year, with an average household size of 2.7 people. 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, labourers, professionals. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Scottish.
Median house prices in Cootralantra sit at $1.0 million, little changed on a year ago. The current median weekly rent is $548. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,625.
Public transport access includes 9 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 11.1x is considered stretched. House prices have moved +0.0% year-on-year.