Gadara is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 49, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gadara is $800,000, having dropped significantly 86.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,253.
Public transport access includes 5 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Gadara offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -86.7% year-on-year.
Gadara is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 49, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Gadara is $800,000, having dropped significantly 86.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,253.
Public transport access includes 5 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Gadara offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -86.7% year-on-year.