Courabyra is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 112, the suburb has an established demographic with a median age of 38. Households earn a median income of $72K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Courabyra is $970,000, having dropped significantly 55.1% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 15 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Courabyra offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($970K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -55.1% year-on-year.
Courabyra is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 112, the suburb has an established demographic with a median age of 38. Households earn a median income of $72K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Courabyra is $970,000, having dropped significantly 55.1% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 15 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Courabyra offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($970K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -55.1% year-on-year.