Cope is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 113, the suburb has an established demographic with a median age of 43. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are machinery operators & drivers, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Cope is $1.2 million, having surged 15.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.4%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Cope offers a gross rental yield of 2.4%, rated as 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 +15.5% year-on-year.
Cope is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 113, the suburb has an established demographic with a median age of 43. Households earn a median income of $59K per year, with an average household size of 2.4 people. The most common occupations are machinery operators & drivers, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Cope is $1.2 million, having surged 15.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 2.4%. 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 3,221 incidents per 100,000 population.
From an investment perspective, Cope offers a gross rental yield of 2.4%, rated as 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 +15.5% year-on-year.