Methul is a quiet locality in New South Wales within the Coolamon local government area (postcode 2701). With a population of 60, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Methul is $624,000, having dropped significantly 94.9% over the past year. The current median weekly rent is $370. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $3,250.
Public transport access includes 6 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Methul offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($624K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -94.9% year-on-year.
Methul is a quiet locality in New South Wales within the Coolamon local government area (postcode 2701). With a population of 60, the suburb has a mature demographic with a median age of 47. Households earn a median income of $59K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Methul is $624,000, having dropped significantly 94.9% over the past year. The current median weekly rent is $370. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $3,250.
Public transport access includes 6 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Methul offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($624K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -94.9% year-on-year.