Robe is a small community in South Australia within the Robe local government area (postcode 5276). With a population of 1,252, the suburb has a mature demographic with a median age of 54. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $375,000 (-10.7% YoY). The current median weekly rent is $345. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,232.
Robe is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. The crime rate in the Robe LGA is low at 1,677 incidents per 100,000 population.
From an investment perspective, Robe offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($375K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -10.7% year-on-year.
Robe is a small community in South Australia within the Robe local government area (postcode 5276). With a population of 1,252, the suburb has a mature demographic with a median age of 54. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $375,000 (-10.7% YoY). The current median weekly rent is $345. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,232.
Robe is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. The crime rate in the Robe LGA is low at 1,677 incidents per 100,000 population.
From an investment perspective, Robe offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($375K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.8x is considered affordable. House prices have moved -10.7% year-on-year.