Cumbandry is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 22, the suburb has a young demographic with a median age of 20. Households earn a median income of $169K per year, with an average household size of 5.5 people. The most common occupations are technicians & trades, managers. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Cumbandry is $785,000, having dropped significantly 64.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Cumbandry offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -64.5% year-on-year.
Cumbandry is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 22, the suburb has a young demographic with a median age of 20. Households earn a median income of $169K per year, with an average household size of 5.5 people. The most common occupations are technicians & trades, managers. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Cumbandry is $785,000, having dropped significantly 64.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Cumbandry offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -64.5% year-on-year.