Jerangle is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 90, the suburb has a mature demographic with a median age of 49. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Jerangle is $2.0 million, having surged 588.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,993.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Jerangle offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +588.2% year-on-year.
Jerangle is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 90, the suburb has a mature demographic with a median age of 49. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Jerangle is $2.0 million, having surged 588.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $1,993.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Jerangle offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 21.0x is considered stretched. House prices have moved +588.2% year-on-year.