Grosses Plain NSW

Postcode 2627 · Snowy Monaro Regional LGA

Grosses Plain is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2627). With a population of 34, the suburb has a mature demographic with a median age of 49. Households earn a median income of $143K per year, with an average household size of 3 people. The most common occupations are community & personal service, professionals, sales. The top ancestries reported are Australian, English, Scottish.

The median house price in Grosses Plain is $1.4 million, having surged 79% over the past year. The current median weekly rent is $630. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,275.

Public transport access includes 3 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.

From an investment perspective, Grosses Plain offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +79.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.3% Low Yield
Price vs State$1.4M/$1.5M Near Median
Affordability9.8x Moderate
Price Momentum+79.0% Rising
SEIFA INDEX (ABS)
Advantage10/10
Education8/10
Economic9/10
Disadvantage9/10
MEDIAN HOUSE
$1.4M
79% YoY
MEDIAN RENT /WK
$382
POPULATION
34
DEMOGRAPHICS
Median Age49
Household Size3
HH Income /wk$2,750
Personal Income /wk$949
Mortgage /mth$2,275
CRIME (Snowy Monaro Regional LGA)
Crime Rate (per 100k)2,178
Total Incidents482
TRANSPORT
Bus Stops3
Data: 2022