Crooked Corner (postcode 2583) is a sparsely populated locality in New South Wales within the Upper Lachlan Shire local government area. With a population of 78, the suburb has a predominantly older resident base with a median age of 55. Households earn a median income of $68K 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, technicians & trades, professionals. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Irish.
Crooked Corner has a median house price of $400,000, which has risen steeply by 57.4% year-on-year. The current median weekly rent is $430. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,240.
Public transport access includes 4 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,619 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 5.6% (high yield). Property prices sit below the state median ($400K/$1.5M), which can point to relative value. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +57.4% year-on-year.