Garra is a quiet locality in New South Wales within the Cabonne local government area (postcode 2866). With a population of 117, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Garra is $1.2 million, having surged 393.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,798.
Public transport access includes 8 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Garra offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +393.9% year-on-year.
Garra is a quiet locality in New South Wales within the Cabonne local government area (postcode 2866). With a population of 117, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Garra is $1.2 million, having surged 393.9% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,798.
Public transport access includes 8 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Garra offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +393.9% year-on-year.