Gowan is a quiet locality in New South Wales within the Cabonne local government area (postcode 2795). With a population of 38, the suburb has an older demographic with a median age of 59. Households earn a median income of $71K per year, with an average household size of 2.1 people. The most common occupations are professionals, sales, labourers. The top ancestries reported are English, Australian, Spanish.
The median house price in Gowan is $770,000, having dropped significantly 15.9% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,668.
Public transport access includes 2 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Gowan offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -15.9% year-on-year.
Gowan is a quiet locality in New South Wales within the Cabonne local government area (postcode 2795). With a population of 38, the suburb has an older demographic with a median age of 59. Households earn a median income of $71K per year, with an average household size of 2.1 people. The most common occupations are professionals, sales, labourers. The top ancestries reported are English, Australian, Spanish.
The median house price in Gowan is $770,000, having dropped significantly 15.9% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,668.
Public transport access includes 2 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Gowan offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.8x is considered stretched. House prices have moved -15.9% year-on-year.