Khancoban is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2642). With a population of 319, the suburb has a mature demographic with a median age of 49. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Khancoban is $360,000, having surged 20% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,003.
Khancoban is served by 1 school, including 1 primary. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Khancoban offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($360K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +20.0% year-on-year.
Khancoban is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2642). With a population of 319, the suburb has a mature demographic with a median age of 49. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Khancoban is $360,000, having surged 20% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,003.
Khancoban is served by 1 school, including 1 primary. The average ICSEA score is 948, which is below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Khancoban offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($360K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +20.0% year-on-year.