Cullerin is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 41, the suburb has a mature demographic with a median age of 53. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Cullerin is $1.2 million, having dropped significantly 28.9% over the past year. The median weekly rent is $240 (Census 2021). This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,851.
Public transport access includes 1 bus stop. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Cullerin offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -28.9% year-on-year.
Cullerin is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 41, the suburb has a mature demographic with a median age of 53. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Cullerin is $1.2 million, having dropped significantly 28.9% over the past year. The median weekly rent is $240 (Census 2021). This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,851.
Public transport access includes 1 bus stop. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Cullerin offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -28.9% year-on-year.