Marrangaroo is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 783, the suburb has an established demographic with a median age of 38. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Marrangaroo is $1.2 million, having surged 17.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 18 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Marrangaroo offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.0x is considered stretched. House prices have moved +17.6% year-on-year.
Marrangaroo is a small community in New South Wales within the Lithgow local government area (postcode 2790). With a population of 783, the suburb has an established demographic with a median age of 38. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Marrangaroo is $1.2 million, having surged 17.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Public transport access includes 18 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Marrangaroo offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.0x is considered stretched. House prices have moved +17.6% year-on-year.