Old Adaminaby is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2629). With a population of 42, the suburb has an older demographic with a median age of 61. Households earn a median income of $110K per year, with an average household size of 1.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Old Adaminaby is $191,000, having dropped significantly 60.2% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 14.2%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Old Adaminaby offers a gross rental yield of 14.2%, rated as high yield. Property prices sit below the state median ($191K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved -60.2% year-on-year.
Old Adaminaby is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2629). With a population of 42, the suburb has an older demographic with a median age of 61. Households earn a median income of $110K per year, with an average household size of 1.8 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Old Adaminaby is $191,000, having dropped significantly 60.2% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 14.2%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Old Adaminaby offers a gross rental yield of 14.2%, rated as high yield. Property prices sit below the state median ($191K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved -60.2% year-on-year.