Lacmalac is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 146, the suburb has a mature demographic with a median age of 48. Households earn a median income of $143K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lacmalac is $1.4 million, having declined 6.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 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, Lacmalac offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -6.3% year-on-year.
Lacmalac is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 146, the suburb has a mature demographic with a median age of 48. Households earn a median income of $143K per year, with an average household size of 2.6 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lacmalac is $1.4 million, having declined 6.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 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, Lacmalac offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -6.3% year-on-year.