Gocup is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 153, the suburb has an established demographic with a median age of 39. Households earn a median income of $126K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gocup is $855,000, having dropped significantly 72.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,029.
Public transport access includes 15 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, Gocup offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -72.4% year-on-year.
Gocup is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 153, the suburb has an established demographic with a median age of 39. Households earn a median income of $126K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gocup is $855,000, having dropped significantly 72.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,029.
Public transport access includes 15 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, Gocup offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($855K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -72.4% year-on-year.