Euabalong is a quiet locality in New South Wales within the Cobar local government area (postcode 2877). With a population of 125, the suburb has a mature demographic with a median age of 48. Households earn a median income of $43K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Euabalong is $52,000, having dropped significantly 31.3% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 36.9%. The median monthly mortgage repayment is $342.
Public transport access includes 15 bus stops. The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Euabalong offers a gross rental yield of 36.9%, rated as high yield. Property prices sit below the state median ($52K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -31.3% year-on-year.
Euabalong is a quiet locality in New South Wales within the Cobar local government area (postcode 2877). With a population of 125, the suburb has a mature demographic with a median age of 48. Households earn a median income of $43K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Euabalong is $52,000, having dropped significantly 31.3% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 36.9%. The median monthly mortgage repayment is $342.
Public transport access includes 15 bus stops. The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Euabalong offers a gross rental yield of 36.9%, rated as high yield. Property prices sit below the state median ($52K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.2x is considered affordable. House prices have moved -31.3% year-on-year.