Located in New South Wales within the Queanbeyan-Palerang Regional local government area, Krawarree is a quiet locality (postcode 2622). The area has roughly 82 residents and a settled, mature resident base, with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.3 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, clerical & administrative. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, Irish, English.
Median house prices in Krawarree stand at $965,000, having climbed sharply by 83.6% over the last twelve months. The current median weekly rent is $470. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,080.
Public transport access includes 8 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.5% (low yield). Property prices sit below the state median ($965K/$1.5M), which can point to relative value. The price-to-income ratio of 16.1x is considered stretched. House prices have moved +83.6% year-on-year.