Nangus is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2722). With a population of 240, the suburb has an established demographic with a median age of 41. Households earn a median income of $69K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Nangus is $550,000, having surged 101.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,495.
Nangus is served by 1 school, including 1 primary. The average ICSEA score is 934, which is below the national average of 1,000. Public transport access includes 21 bus stops.
From an investment perspective, Nangus offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +101.8% year-on-year.
Nangus is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2722). With a population of 240, the suburb has an established demographic with a median age of 41. Households earn a median income of $69K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Nangus is $550,000, having surged 101.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,495.
Nangus is served by 1 school, including 1 primary. The average ICSEA score is 934, which is below the national average of 1,000. Public transport access includes 21 bus stops.
From an investment perspective, Nangus offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +101.8% year-on-year.