Laggan is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 407, the suburb has a mature demographic with a median age of 52. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Laggan is $1.4 million, having risen modestly 1.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,598.
Laggan is served by 1 school, including 1 primary. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Laggan offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved +1.4% year-on-year.
Laggan is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 407, the suburb has a mature demographic with a median age of 52. Households earn a median income of $84K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Laggan is $1.4 million, having risen modestly 1.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,598.
Laggan is served by 1 school, including 1 primary. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Laggan offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.8x is considered stretched. House prices have moved +1.4% year-on-year.