Countegany (postcode 2630) is a small, quiet locality in New South Wales within the Snowy Monaro Regional local government area. With a population of 38, the suburb has an older demographic with a median age of 58. Households earn a median income of $76K per year, with an average household size of 2.1 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, technicians & trades. Employment in the area leans toward agriculture and professional services. The top ancestries reported are English, Australian, Irish.
Countegany has a median house price of $235,000, holding roughly steady year-on-year. The current median weekly rent is $465. This gives a gross rental yield of approximately 10.3%. The median monthly mortgage repayment is $1,409.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 10.3% (high yield). Property prices sit below the state median ($235K/$1.5M), which can point to relative value. The price-to-income ratio of 3.1x is considered affordable. House prices have moved +0.0% year-on-year.