Pine Grove is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 3, the suburb has an established demographic with a median age of 40. Households earn a median income of $72K per year, with an average household size of 1.3 people.
The median house price in Pine Grove is $1.3 million, having surged 29302.2% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 1.3%.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Pine Grove offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 18.5x is considered stretched. House prices have moved +29302.2% year-on-year.
Pine Grove is a quiet locality in New South Wales within the Coonamble local government area (postcode 2829). With a population of 3, the suburb has an established demographic with a median age of 40. Households earn a median income of $72K per year, with an average household size of 1.3 people.
The median house price in Pine Grove is $1.3 million, having surged 29302.2% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 1.3%.
The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Pine Grove offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 18.5x is considered stretched. House prices have moved +29302.2% year-on-year.