Corobimilla is a quiet locality in New South Wales within the Narrandera local government area (postcode 2700). With a population of 44, the suburb has a mature demographic with a median age of 47. Households earn a median income of $89K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Corobimilla is $375,000, having surged 240.9% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $271.
Public transport access includes 3 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Corobimilla offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($375K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +240.9% year-on-year.
Corobimilla is a quiet locality in New South Wales within the Narrandera local government area (postcode 2700). With a population of 44, the suburb has a mature demographic with a median age of 47. Households earn a median income of $89K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Corobimilla is $375,000, having surged 240.9% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $271.
Public transport access includes 3 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Corobimilla offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($375K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +240.9% year-on-year.