Cudgel is a quiet locality in New South Wales within the Leeton local government area (postcode 2700). With a population of 36, the suburb has an established demographic with a median age of 38. Households earn a median income of $85K per year, with an average household size of 3.2 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Cudgel is $850,000, having remained flat 0% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $688.
Public transport access includes 5 bus stops. The crime rate in the Leeton LGA is moderate at 4,704 incidents per 100,000 population.
From an investment perspective, Cudgel offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +0.0% year-on-year.
Cudgel is a quiet locality in New South Wales within the Leeton local government area (postcode 2700). With a population of 36, the suburb has an established demographic with a median age of 38. Households earn a median income of $85K per year, with an average household size of 3.2 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Cudgel is $850,000, having remained flat 0% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $688.
Public transport access includes 5 bus stops. The crime rate in the Leeton LGA is moderate at 4,704 incidents per 100,000 population.
From an investment perspective, Cudgel offers a gross rental yield of 2.2%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +0.0% year-on-year.