Noorong is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 20, the suburb has an older demographic with a median age of 59. Households earn a median income of $71K per year, with an average household size of 2 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Noorong is $2.1 million, having surged 497.9% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 bus stop. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Noorong offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.1x is considered stretched. House prices have moved +497.9% year-on-year.
Noorong is a quiet locality in New South Wales within the Murray River local government area (postcode 2732). With a population of 20, the suburb has an older demographic with a median age of 59. Households earn a median income of $71K per year, with an average household size of 2 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Noorong is $2.1 million, having surged 497.9% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 bus stop. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Noorong offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.1x is considered stretched. House prices have moved +497.9% year-on-year.