Lake Cowal is a quiet locality in New South Wales within the Bland local government area (postcode 2671). With a population of 43, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $110K per year, with an average household size of 3 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, Irish, German.
The median house price in Lake Cowal is $5.0 million, having surged 40.7% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $850.
Public transport access includes 4 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Lake Cowal offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($5.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 45.3x is considered stretched. House prices have moved +40.7% year-on-year.
Lake Cowal is a quiet locality in New South Wales within the Bland local government area (postcode 2671). With a population of 43, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $110K per year, with an average household size of 3 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, Irish, German.
The median house price in Lake Cowal is $5.0 million, having surged 40.7% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $850.
Public transport access includes 4 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Lake Cowal offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($5.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 45.3x is considered stretched. House prices have moved +40.7% year-on-year.