Couragago is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 9, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $110K per year, with an average household size of 4 people. The top ancestries reported are English, Scottish.
The median house price in Couragago is $80,000, having dropped significantly 95.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 26.0%.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Couragago offers a gross rental yield of 26.0%, rated as high yield. Property prices sit below the state median ($80K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -95.2% year-on-year.
Couragago is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 9, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $110K per year, with an average household size of 4 people. The top ancestries reported are English, Scottish.
The median house price in Couragago is $80,000, having dropped significantly 95.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 26.0%.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Couragago offers a gross rental yield of 26.0%, rated as high yield. Property prices sit below the state median ($80K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -95.2% year-on-year.