Marrar is a quiet locality in New South Wales within the Coolamon local government area (postcode 2652). With a population of 363, the suburb has an established demographic with a median age of 39. Households earn a median income of $95K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Marrar is $350,000, having dropped significantly 49.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,365.
Marrar is served by 1 school, including 1 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Marrar offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($350K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -49.6% year-on-year.
Marrar is a quiet locality in New South Wales within the Coolamon local government area (postcode 2652). With a population of 363, the suburb has an established demographic with a median age of 39. Households earn a median income of $95K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Marrar is $350,000, having dropped significantly 49.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,365.
Marrar is served by 1 school, including 1 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Marrar offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($350K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -49.6% year-on-year.