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Suburb Insights ยท NSW 2672

Lake Cargelligo 2672, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lake Cargelligo is a regional centre in New South Wales, Australia, with a population of approximately 1,430, making it a boutique locality. Located approximately 455 km from the Sydney CBD, Lake Cargelligo is a regional area in New South Wales. The median household income is $60,216 AUD per year (ABS 2021 Census).

Investment Score

25 / 100 Weak

Lower income levels in Lake Cargelligo typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Lake Cargelligo, New South Wales, Australia.

Key Indicators

Postcode
2672

Official Australia Post postcode for Lake Cargelligo. A postcode may cover multiple suburbs.

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Population
1,430

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$170/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$60,216/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
455 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$867/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Lake Cargelligo serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $170/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $867/month. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Lake Cargelligo may be constrained โ€” consider alternative strategies.

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Rental Yield

Rental yields in Lake Cargelligo tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Lake Cargelligo face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Lake Cargelligo property

Full Property Analysis

30-year projections for Lake Cargelligo

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Lake Cargelligo may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Lake Cargelligo's 2026 outlook. Lake Cargelligo is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Lake Cargelligo a good suburb for investment?

Lake Cargelligo is a regional area in New South Wales with a population of 1,430. The median rent is $170/week and the median household income is $60,216/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Lake Cargelligo?

Key demand drivers in Lake Cargelligo include regional employment hubs, lifestyle, and affordability. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Lake Cargelligo?

According to the ABS 2021 Census, Lake Cargelligo has a population of approximately 1,430. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lake Cargelligo from the Sydney CBD?

Lake Cargelligo is approximately 455 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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