Eucumbene (postcode 2628) is a sparsely populated locality in New South Wales within the Snowy Monaro Regional local government area. The area has roughly 28 residents and a more retirement-aged population, with a median age of 59. Households earn a median income of $44K per year, with an average household size of 1.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The top ancestries reported are English, Scottish, Irish.
The median house price in Eucumbene is $252,000, broadly unchanged over the past year. The current median weekly rent is $548. This gives a gross rental yield of approximately 11.3%. The median monthly mortgage repayment is $1,800.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
From an investment perspective, Eucumbene shows a gross rental yield of approximately 11.3%, rated as high yield. Property prices sit below the state median ($252K/$1.5M), which can point to relative value. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +0.0% year-on-year.