Koolkhan is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 31, the suburb has a mature demographic with a median age of 46. Households earn a median income of $81K per year, with an average household size of 2.2 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Koolkhan is $750,000, having surged 23% over the past year. Units have a median price of $519,000 (+5.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,509.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Koolkhan offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +23.0% year-on-year.
Koolkhan is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 31, the suburb has a mature demographic with a median age of 46. Households earn a median income of $81K per year, with an average household size of 2.2 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Koolkhan is $750,000, having surged 23% over the past year. Units have a median price of $519,000 (+5.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,509.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Koolkhan offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +23.0% year-on-year.