Curraweela is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 67, the suburb has a mature demographic with a median age of 53. Households earn a median income of $72K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Curraweela is $1.1 million, having surged 63.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,150.
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, Curraweela offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +63.6% year-on-year.
Curraweela is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 67, the suburb has a mature demographic with a median age of 53. Households earn a median income of $72K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Curraweela is $1.1 million, having surged 63.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,150.
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, Curraweela offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +63.6% year-on-year.