Kangaroobie NSW

Postcode 2800 · Cabonne LGA

Kangaroobie is a quiet locality in New South Wales within the Cabonne local government area (postcode 2800). With a population of 60, the suburb has a mature demographic with a median age of 48. Households earn a median income of $117K per year, with an average household size of 3 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.

The median house price in Kangaroobie is $1.8 million, having surged 25% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,100.

The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.

From an investment perspective, Kangaroobie offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved +25.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.6% Low Yield
Price vs State$1.8M/$1.5M Near Median
Affordability15.0x Stretched
Price Momentum+25.0% Rising
SEIFA INDEX (ABS)
Advantage10/10
Education9/10
Economic9/10
Disadvantage10/10
MEDIAN HOUSE
$1.8M
25% YoY
MEDIAN RENT /WK
$100
POPULATION
60
DEMOGRAPHICS
Median Age48
Household Size3
HH Income /wk$2,250
Personal Income /wk$912
Mortgage /mth$3,100
CRIME (Cabonne LGA)
Crime Rate (per 100k)1,856
Total Incidents258
Data: 2023