Maragle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 84, the suburb has an older demographic with a median age of 57. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, German.
The median house price in Maragle is $775,000, having dropped significantly 74.8% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,528.
Public transport access includes 4 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, Maragle offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved -74.8% year-on-year.
Maragle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 84, the suburb has an older demographic with a median age of 57. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, German.
The median house price in Maragle is $775,000, having dropped significantly 74.8% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,528.
Public transport access includes 4 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, Maragle offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($775K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.4x is considered stretched. House prices have moved -74.8% year-on-year.