Gobarralong is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2722). With a population of 63, the suburb has an older demographic with a median age of 59. Households earn a median income of $120K 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, Scottish.
The median house price in Gobarralong is $7.3 million, having surged 37780.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $433.
Public transport access includes 7 bus stops.
From an investment perspective, Gobarralong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($7.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 61.2x is considered stretched. House prices have moved +37780.3% year-on-year.
Gobarralong is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2722). With a population of 63, the suburb has an older demographic with a median age of 59. Households earn a median income of $120K 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, Scottish.
The median house price in Gobarralong is $7.3 million, having surged 37780.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $433.
Public transport access includes 7 bus stops.
From an investment perspective, Gobarralong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($7.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 61.2x is considered stretched. House prices have moved +37780.3% year-on-year.