Quambone is a quiet locality in New South Wales within the Coonamble local government area (postcode 2831). With a population of 128, the suburb has an established demographic with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Quambone is $240,000, having dropped significantly 58.1% over the past year. The median weekly rent is $80 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $764.
Quambone is served by 1 school, including 1 primary. The average ICSEA score is 826, which is well below the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Quambone offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($240K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -58.1% year-on-year.
Quambone is a quiet locality in New South Wales within the Coonamble local government area (postcode 2831). With a population of 128, the suburb has an established demographic with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Quambone is $240,000, having dropped significantly 58.1% over the past year. The median weekly rent is $80 (Census 2021). This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $764.
Quambone is served by 1 school, including 1 primary. The average ICSEA score is 826, which is well below the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Coonamble LGA is higher than average at 8,783 incidents per 100,000 population.
From an investment perspective, Quambone offers a gross rental yield of 1.7%, rated as low yield. Property prices sit below the state median ($240K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved -58.1% year-on-year.