Crookwell is a smaller suburb in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 2,686, the suburb has a mature demographic with a median age of 52. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Crookwell is $589,000, having declined 5% over the past year. Units have a median price of $495,000 (-20.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,356.
Crookwell is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 76 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Crookwell offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($589K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -5.0% year-on-year.
Crookwell is a smaller suburb in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 2,686, the suburb has a mature demographic with a median age of 52. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Crookwell is $589,000, having declined 5% over the past year. Units have a median price of $495,000 (-20.5% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,356.
Crookwell is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 76 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Crookwell offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($589K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -5.0% year-on-year.