Koraleigh is a quiet locality in New South Wales within the Murray River local government area (postcode 2735). With a population of 291, the suburb has a mature demographic with a median age of 45. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Koraleigh is $215,000, having risen modestly 1.2% over the past year. The median weekly rent is $225 (Census 2021). This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $758.
Public transport access includes 12 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Koraleigh offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +1.2% year-on-year.
Koraleigh is a quiet locality in New South Wales within the Murray River local government area (postcode 2735). With a population of 291, the suburb has a mature demographic with a median age of 45. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Koraleigh is $215,000, having risen modestly 1.2% over the past year. The median weekly rent is $225 (Census 2021). This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $758.
Public transport access includes 12 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Koraleigh offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +1.2% year-on-year.