Kandos is a small community in New South Wales within the Mid-Western Regional local government area (postcode 2848). With a population of 1,263, the suburb has a mature demographic with a median age of 54. Households earn a median income of $35K per year, with an average household size of 1.8 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Kandos is $555,000, having surged 50% over the past year. The current median weekly rent is $425. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $867.
Kandos is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 870, which is well below the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Kandos offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($555K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +50.0% year-on-year.
Kandos is a small community in New South Wales within the Mid-Western Regional local government area (postcode 2848). With a population of 1,263, the suburb has a mature demographic with a median age of 54. Households earn a median income of $35K per year, with an average household size of 1.8 people. The most common occupations are technicians & trades, machinery operators & drivers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Kandos is $555,000, having surged 50% over the past year. The current median weekly rent is $425. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $867.
Kandos is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 870, which is well below the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Kandos offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($555K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +50.0% year-on-year.