Kooba is a quiet locality in New South Wales within the Griffith local government area (postcode 2680). With a population of 39, the suburb has a mature demographic with a median age of 49. Households earn a median income of $74K per year, with an average household size of 2.8 people. The most common occupations are managers, sales, machinery operators & drivers. The top ancestries reported are English, Australian, Italian.
The median house price in Kooba is $383,000, having dropped significantly 81.8% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.4%.
Public transport access includes 4 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Kooba offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($383K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.2x is considered affordable. House prices have moved -81.8% year-on-year.
Kooba is a quiet locality in New South Wales within the Griffith local government area (postcode 2680). With a population of 39, the suburb has a mature demographic with a median age of 49. Households earn a median income of $74K per year, with an average household size of 2.8 people. The most common occupations are managers, sales, machinery operators & drivers. The top ancestries reported are English, Australian, Italian.
The median house price in Kooba is $383,000, having dropped significantly 81.8% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.4%.
Public transport access includes 4 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Kooba offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($383K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.2x is considered affordable. House prices have moved -81.8% year-on-year.