Murrulebale is a quiet locality in New South Wales within the Coolamon local government area (postcode 2652). With a population of 61, the suburb has an established demographic with a median age of 40. Households earn a median income of $110K per year, with an average household size of 2.9 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, Scottish, English.
The median house price in Murrulebale is $1.3 million, having dropped significantly 65% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.9%.
Public transport access includes 4 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Murrulebale offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved -65.0% year-on-year.
Murrulebale is a quiet locality in New South Wales within the Coolamon local government area (postcode 2652). With a population of 61, the suburb has an established demographic with a median age of 40. Households earn a median income of $110K per year, with an average household size of 2.9 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, Scottish, English.
The median house price in Murrulebale is $1.3 million, having dropped significantly 65% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.9%.
Public transport access includes 4 bus stops. The crime rate in the Coolamon LGA is low at 1,929 incidents per 100,000 population.
From an investment perspective, Murrulebale offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved -65.0% year-on-year.