Durran Durra is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 114, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Durran Durra is $1.3 million, having surged 32.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,210.
Public transport access includes 9 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Durran Durra offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +32.8% year-on-year.
Durran Durra is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 114, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Durran Durra is $1.3 million, having surged 32.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,210.
Public transport access includes 9 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Durran Durra offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +32.8% year-on-year.