Ganmain is a small community in New South Wales within the Coolamon local government area (postcode 2702). With a population of 793, the suburb has a mature demographic with a median age of 48. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Ganmain is $320,000, having dropped significantly 9.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $867.
Ganmain is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 1 rail station, 36 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Ganmain offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.2x is considered affordable. House prices have moved -9.9% year-on-year.
Ganmain is a small community in New South Wales within the Coolamon local government area (postcode 2702). With a population of 793, the suburb has a mature demographic with a median age of 48. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Ganmain is $320,000, having dropped significantly 9.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $867.
Ganmain is served by 2 schools, including 2 primary. The average ICSEA score is 950, which is around the national average of 1,000. Public transport access includes 1 rail station, 36 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Ganmain offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.2x is considered affordable. House prices have moved -9.9% year-on-year.