Cumborah is a quiet locality in New South Wales within the Walgett local government area (postcode 2832). With a population of 198, the suburb has an older demographic with a median age of 58. Households earn a median income of $26K per year, with an average household size of 1.6 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Cumborah is $105,000, having surged 22.1% over the past year. The current median weekly rent is $322. This gives a gross rental yield of approximately 15.9%. The median monthly mortgage repayment is $650.
Public transport access includes 11 bus stops. The crime rate in the Walgett LGA is higher than average at 12,498 incidents per 100,000 population.
From an investment perspective, Cumborah offers a gross rental yield of 15.9%, rated as high yield. Property prices sit below the state median ($105K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +22.1% year-on-year.
Cumborah is a quiet locality in New South Wales within the Walgett local government area (postcode 2832). With a population of 198, the suburb has an older demographic with a median age of 58. Households earn a median income of $26K per year, with an average household size of 1.6 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Cumborah is $105,000, having surged 22.1% over the past year. The current median weekly rent is $322. This gives a gross rental yield of approximately 15.9%. The median monthly mortgage repayment is $650.
Public transport access includes 11 bus stops. The crime rate in the Walgett LGA is higher than average at 12,498 incidents per 100,000 population.
From an investment perspective, Cumborah offers a gross rental yield of 15.9%, rated as high yield. Property prices sit below the state median ($105K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +22.1% year-on-year.