Cope (postcode 2852) is a small, quiet locality in New South Wales within the Mid-Western Regional local government area. It is home to about 113 residents, with an established family demographic and a median age of 43. Households earn a median income of $59K per year, with an average household size of 2.4 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 machinery operators & drivers, community & personal service, managers. Employment in the area leans toward mining and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Cope is $1.2 million, having risen steeply by 19.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,825.
Public transport access includes 9 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.8% (low yield). Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 20.1x is considered stretched. House prices have moved +19.3% year-on-year.