Coonabarabran
A median house price of $275,000 combined with a 12.2% vacancy rate marks Coonabarabran as one of NSW's most affordable regional centres, though those two figures tell the same story. The suburb sits in SEIFA decile 2 on both IRSD and IRSAD, placing it among the bottom fifth nationally for relative advantage. Household income falls in the 22nd percentile, well below the national average. The median age of 50 is 10 years above the national figure, and the population has declined 3.1% over the past decade, trends that are connected: younger residents leave, the base ages, and services contract.
Population
3,477
Median Age
50.0
Household IncomeiMedian weekly household income (ABS Census)
$1,154/wk
DAs (12 months)iDevelopment Applications lodged in the past year
25
Median House
$275K
2024-2025 (PSI derived)
At $275,000, the median house price is well below the NSW state median, making Coonabarabran one of the more accessible entry points in the state. Prices edged down 0.9% from $277,500 in 2024 to $275,000 in 2025, indicating a flat rather than rising market. Separate houses dominate at 94.4% of dwellings, with apartments at just 4.6%, so buyers are almost always purchasing detached homes. Three-bedroom homes are the most common at 48.7%, with 4-plus bedroom properties at 32.5%. Monthly mortgage repayments average $1,000, and the mortgage-to-income ratio sits at 20.0%, below the 30% stress threshold, making serviceability manageable compared to most markets.
For Buyers
At $275,000, the median house price is well below the NSW state median, making Coonabarabran one of the more accessible entry points in the state. Prices edged down 0.9% from $277,500 in 2024 to $275,000 in 2025, indicating a flat rather than rising market. Separate houses dominate at 94.4% of dwellings, with apartments at just 4.6%, so buyers are almost always purchasing detached homes. Three-bedroom homes are the most common at 48.7%, with 4-plus bedroom properties at 32.5%. Monthly mortgage repayments average $1,000, and the mortgage-to-income ratio sits at 20.0%, below the 30% stress threshold, making serviceability manageable compared to most markets.
For Investors
The 25.3% renter share and $210 weekly rent produce a gross yield around 4.0% on the $275,000 median, higher than most capital city markets. However, the 12.2% vacancy rate is a significant headwind, indicating weak rental demand relative to supply. Development activity logged 22 applications in the past 12 months, including multi-dwelling housing proposals, suggesting some investor activity. Net internal migration averages minus 2 per year while overseas arrivals add 23, resulting in near-balanced migration, but the overall population trend is declining at 0.43% annually. The investment case rests on yield rather than capital growth, given the flat price history and aging demographic trajectory.
Development Activity
Total DAs
125
Last 12 Months
25
YoY ChangeiYear-over-year change in DA lodgements
-30.6%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Coonabarabran iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Lawrence's Catholic Primary School Coonabarabran
K-6 · 146 students
Coonabarabran High School
7-12 · 298 students
Coonabarabran Public School
K-6 · 200 students
Demographics
The median age of 50 is 10 years above the national figure, reflecting a decade-long aging trajectory where the senior share rose 6.7 points and the working-age share fell 3.0 points. The overseas-born share is just 7.7%, which is 13.9 percentage points below the national average, consistent with the predominantly Anglo-Celtic ancestry profile where English (1,354), Irish (330) and Scottish (308) are the leading ancestries. University qualification rates reach 17.1%, which is 13 points below the national rate. Average household size of 2.3 is 0.2 below national. The volunteering rate of 26.4% is notably high, suggesting strong community participation relative to population size.
Age Distribution
Bedrooms
Dwelling Structure
94.4%
Houses
0.5%
Townhouse
4.6%
Apartment
Tenure
Tenure structure leans heavily toward outright ownership: 48.7% own their home outright, 26.0% carry a mortgage, and 25.3% rent. The outright ownership share is substantially above the national average, reflecting the older demographic profile. The stock is almost exclusively separate houses at 94.4%, with semi-detached at just 0.5% and apartments at 4.6%. Three-bedroom homes account for 48.7% of dwellings, 4-plus bedroom for 32.5%, and two-bedroom for 14.1%. Prices have been stable, moving from $277,500 in 2024 to $275,000 in 2025, a 0.9% decline. Rent-to-income at 18.2% keeps tenants well under the 30% stress threshold, lower than most comparable regional towns.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,000
Rent / wk
$210
HH Size
2.3
Personal Income / wk
$594
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
12.2%
Unoccupied
175
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
20.0%
Community Profile
Ancestry
Household Composition
34.5%
Couples, no children
2,306
Total families
Economy & Employment
Healthcare is the dominant employer at 19.6% of local jobs (150 workers), followed by Education at 17.4% (133) and Public Administration at 14.8% (113). Agriculture employs 9.7% of workers, reflecting the surrounding rural economy. By occupation, Managers lead at 208 workers, Professionals at 194, and Community/Personal service roles at 190, with Labourers close behind at 175. The unemployment rate of 7.0% is above the national average, and the labour force participation rate of 43.2% is low, largely because 1,139 residents are not in the labour force. SEIFA decile 2 on IRSD and IRSAD signals concentrated disadvantage, with household income in the 22nd percentile nationally. Real income growth of 19.2% over the decade has not been sufficient to close the gap.
Unemployment
3.6%
Labour Force
3,344
Unemployed
119
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.7%
Part-time
33.3%
Participation
43.2%
Employed
1,167
Occupations
Top Industries
University
17.1%
Postgraduate
3.7%
Born Overseas
7.7%
Dwellings
1,251
Transport to Work
Car dependence is high: 84.5% of residents drive to work, while public transport usage is just 0.3%, well below the national average. Walking and cycling account for a relatively high 7.6%, consistent with a low-density regional town where destinations are close. No schools are recorded in the dataset for this suburb boundary, so families rely on schools in the broader Coonabarabran district. The IRSAD decile 2 ranking places the suburb in the bottom fifth nationally for relative advantage and disadvantage. Around 10.4% of residents need daily assistance (307 people), above the national rate, reflecting the older median age of 50 and the lower-income profile at the 22nd household income percentile.
Drive
84.5%
Public Transport
0.3%
Walk / Cycle
7.6%
Work from Home
N/A
Population Forecast
-0.43%/yr
(-34 people/yr)
EstablishedPopulation has declined 3.1% over the past decade, and the current trend runs at minus 0.43% per year, equating to roughly 34 fewer residents annually. Medium forecasts project the broader area falling from around 7,948 in 2025 to approximately 7,663 by 2031 under trend continuation. Net internal migration averages minus 2 per year, while overseas arrivals contribute a net 23, making migration broadly balanced but insufficient to offset natural population aging. The gentrification score of 38 registers early signs, though the standalone gentrification assessment rates the suburb as not actively gentrifying, which is consistent with the 10-year population decline and decile 2 SEIFA position.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+23
Net Internal / yr
-2
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Coonabarabran compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Coonabarabran a good suburb to live in?
Coonabarabran offers genuine affordability, with a $275,000 median house price and mortgage-to-income ratio of 20.0%, well below the 30% stress threshold. The trade-offs are a SEIFA IRSAD decile 2 ranking, placing it in the bottom fifth nationally for relative advantage, and limited employment diversity with a 7.0% unemployment rate.
What is the median house price in Coonabarabran?
The median house price is $275,000, down slightly from $277,500 in 2024. Weekly rent averages $210 and monthly mortgage repayments run about $1,000, giving a mortgage-to-income ratio of 20.0%. Separate houses make up 94.4% of all dwellings.
What schools are in Coonabarabran?
No schools are recorded inside the Coonabarabran suburb boundary in this dataset. Families rely on schools in the broader Warrumbungle Shire area. The local university qualification rate is 17.1%, which is 13 percentage points below the national average.
Is Coonabarabran safe?
Detailed crime statistics are not available for Coonabarabran in this dataset. As an indirect indicator, the suburb scores decile 2 on the IRSD index of relative disadvantage, placing it in the bottom fifth nationally. Around 10.4% of the 3,477 residents need daily assistance, above the national rate, reflecting an older and lower-income population.
Is Coonabarabran good for property investment?
Weekly rent of $210 against a $275,000 median implies a gross yield around 4.0%, higher than most capital city markets. However, the 12.2% vacancy rate signals weak rental demand, and prices declined 0.9% from 2024 to 2025. Population is falling at 0.43% per year, limiting capital growth prospects. The investment case is yield-based rather than growth-based.
How is Coonabarabran's population changing?
Population has fallen 3.1% over the past decade and continues declining at roughly 34 people per year. Medium forecasts project the broader area dropping from around 7,948 in 2025 to approximately 7,663 by 2031. The median age of 50 is 10 years above the national figure, and the senior share rose 6.7 points over the decade.
How much development is happening in Coonabarabran?
There were 22 development applications lodged in the past 12 months, including multi-dwelling housing and demolition and rebuild proposals. Activity is modest relative to the population of 3,477, reflecting a stable rather than expanding housing market. Most applications are complying development certificates for garages and carports.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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