Cundle Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 12, the suburb has an older demographic with a median age of 60. Households earn a median income of $59K per year, with an average household size of 2.2 people. The top ancestries reported are Australian, Aboriginal Australian, Irish.
The median house price in Cundle Flat is $318,000, having dropped significantly 45.3% over the past year. The median monthly mortgage repayment is $1,625.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Property prices sit below the state median ($318K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -45.3% year-on-year.
Cundle Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2424). With a population of 12, the suburb has an older demographic with a median age of 60. Households earn a median income of $59K per year, with an average household size of 2.2 people. The top ancestries reported are Australian, Aboriginal Australian, Irish.
The median house price in Cundle Flat is $318,000, having dropped significantly 45.3% over the past year. The median monthly mortgage repayment is $1,625.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Property prices sit below the state median ($318K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -45.3% year-on-year.