Mongarlowe is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 121, the suburb has a mature demographic with a median age of 54. Households earn a median income of $67K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mongarlowe is $1.3 million, having surged 215.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,950.
Public transport access includes 4 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mongarlowe offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +215.2% year-on-year.
Mongarlowe is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 121, the suburb has a mature demographic with a median age of 54. Households earn a median income of $67K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mongarlowe is $1.3 million, having surged 215.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,950.
Public transport access includes 4 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mongarlowe offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 19.5x is considered stretched. House prices have moved +215.2% year-on-year.