Eremerang is a quiet locality in New South Wales within the Cobar local government area (postcode 2877). With a population of 21, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $101K per year, with an average household size of 3.4 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Eremerang is $1.4 million, having dropped significantly 57.6% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 1.3%.
Public transport access includes 1 bus stop. The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Eremerang offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved -57.6% year-on-year.
Eremerang is a quiet locality in New South Wales within the Cobar local government area (postcode 2877). With a population of 21, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $101K per year, with an average household size of 3.4 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Eremerang is $1.4 million, having dropped significantly 57.6% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 1.3%.
Public transport access includes 1 bus stop. The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Eremerang offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 14.0x is considered stretched. House prices have moved -57.6% year-on-year.