Garah is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2405). With a population of 291, the suburb has an established demographic with a median age of 44. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Garah is $7.0 million, having surged 1694.9% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $604.
Garah is served by 1 school, including 1 primary. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 2 rail stations, 13 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Garah offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($7.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 100.2x is considered stretched. House prices have moved +1694.9% year-on-year.
Garah is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2405). With a population of 291, the suburb has an established demographic with a median age of 44. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Garah is $7.0 million, having surged 1694.9% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $604.
Garah is served by 1 school, including 1 primary. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 2 rail stations, 13 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Garah offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($7.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 100.2x is considered stretched. House prices have moved +1694.9% year-on-year.