Grabben Gullen is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 248, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Grabben Gullen is $830,000, having surged 50.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 13 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Grabben Gullen offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +50.9% year-on-year.
Grabben Gullen is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 248, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.3 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Grabben Gullen is $830,000, having surged 50.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 13 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Grabben Gullen offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +50.9% year-on-year.