Kerrigundi is a quiet locality in New South Wales within the Cobar local government area (postcode 2835). With a population of 14, the suburb has a mature demographic with a median age of 52. Households earn a median income of $4K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English.
The median house price in Kerrigundi is $4.6 million, having surged 468.9% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.3%.
The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Kerrigundi offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($4.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 1166.9x is considered stretched. House prices have moved +468.9% year-on-year.
Kerrigundi is a quiet locality in New South Wales within the Cobar local government area (postcode 2835). With a population of 14, the suburb has a mature demographic with a median age of 52. Households earn a median income of $4K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English.
The median house price in Kerrigundi is $4.6 million, having surged 468.9% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.3%.
The crime rate in the Cobar LGA is moderate at 7,298 incidents per 100,000 population.
From an investment perspective, Kerrigundi offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($4.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 1166.9x is considered stretched. House prices have moved +468.9% year-on-year.