Corrong is a quiet locality in New South Wales within the Balranald local government area (postcode 2711). With a population of 3, the suburb has a mature demographic with a median age of 52.
The median house price in Corrong is $2.8 million, having surged 136.7% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 0.5%.
The crime rate in the Balranald LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Corrong offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. House prices have moved +136.7% year-on-year.
Corrong is a quiet locality in New South Wales within the Balranald local government area (postcode 2711). With a population of 3, the suburb has a mature demographic with a median age of 52.
The median house price in Corrong is $2.8 million, having surged 136.7% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 0.5%.
The crime rate in the Balranald LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Corrong offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. House prices have moved +136.7% year-on-year.