Primrose Valley is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2621). With a population of 155, the suburb has an established demographic with a median age of 39. Households earn a median income of $137K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Primrose Valley is $1.8 million, having surged 43.1% over the past year. The current median weekly rent is $805. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,400.
Public transport access includes 4 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Primrose Valley offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 12.9x is considered stretched. House prices have moved +43.1% year-on-year.
Primrose Valley is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2621). With a population of 155, the suburb has an established demographic with a median age of 39. Households earn a median income of $137K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Primrose Valley is $1.8 million, having surged 43.1% over the past year. The current median weekly rent is $805. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,400.
Public transport access includes 4 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Primrose Valley offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 12.9x is considered stretched. House prices have moved +43.1% year-on-year.