Rock Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 73, the suburb has a mature demographic with a median age of 49. Households earn a median income of $137K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Rock Flat is $663,000, having dropped significantly 75.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $3,250.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Rock Flat offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($663K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -75.7% year-on-year.
Rock Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 73, the suburb has a mature demographic with a median age of 49. Households earn a median income of $137K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Rock Flat is $663,000, having dropped significantly 75.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $3,250.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Rock Flat offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($663K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -75.7% year-on-year.