Couradda is a quiet locality in New South Wales within the Narrabri local government area (postcode 2390). With a population of 29, the suburb has a mature demographic with a median age of 49. Households earn a median income of $69K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Couradda is $4.1 million, having dropped significantly 35.9% over the past year. The current median weekly rent is $405. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $4,334.
Public transport access includes 3 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Couradda offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 59.1x is considered stretched. House prices have moved -35.9% year-on-year.
Couradda is a quiet locality in New South Wales within the Narrabri local government area (postcode 2390). With a population of 29, the suburb has a mature demographic with a median age of 49. Households earn a median income of $69K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Couradda is $4.1 million, having dropped significantly 35.9% over the past year. The current median weekly rent is $405. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $4,334.
Public transport access includes 3 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Couradda offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 59.1x is considered stretched. House prices have moved -35.9% year-on-year.