Gunningrah is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 26, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $143K per year, with an average household size of 3.4 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, Serbian.
The median house price in Gunningrah is $50,000, having dropped significantly 98.1% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 29.1%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Gunningrah offers a gross rental yield of 29.1%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.3x is considered affordable. House prices have moved -98.1% year-on-year.
Gunningrah is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 26, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $143K per year, with an average household size of 3.4 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, Serbian.
The median house price in Gunningrah is $50,000, having dropped significantly 98.1% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 29.1%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Gunningrah offers a gross rental yield of 29.1%, rated as high yield. Property prices sit below the state median ($50K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.3x is considered affordable. House prices have moved -98.1% year-on-year.