Obley is a quiet locality in New South Wales within the Cabonne local government area (postcode 2868). With a population of 94, the suburb has an older demographic with a median age of 56. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Obley is $300,000, having dropped significantly 33.3% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,637.
Public transport access includes 13 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Obley offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -33.3% year-on-year.
Obley is a quiet locality in New South Wales within the Cabonne local government area (postcode 2868). With a population of 94, the suburb has an older demographic with a median age of 56. Households earn a median income of $73K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Obley is $300,000, having dropped significantly 33.3% over the past year. The median weekly rent is $100 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,637.
Public transport access includes 13 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Obley offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($300K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -33.3% year-on-year.