Rangari is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 42, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Rangari is $2.9 million, having surged 180.4% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $1,750.
Public transport access includes 3 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Rangari offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.9x is considered stretched. House prices have moved +180.4% year-on-year.
Rangari is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 42, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Rangari is $2.9 million, having surged 180.4% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $1,750.
Public transport access includes 3 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Rangari offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.9x is considered stretched. House prices have moved +180.4% year-on-year.