Located in New South Wales within the Snowy Monaro Regional local government area, Crackenback is a sparsely populated locality (postcode 2627). It is home to about 213 residents, with a settled, mature resident base and a median age of 45. Households earn a median income of $123K per year, with an average household size of 2.9 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Crackenback is $655,000, having climbed sharply by 63.7% over the past year. Units have a median price of $1.3 million (-15.2% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 8.7%. The median monthly mortgage repayment is $2,819.
Public transport access includes 6 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,086 incidents per 100,000 population.
Looking at the investment signals, Crackenback shows a gross rental yield of approximately 8.7%, rated as high yield. Property prices sit below the state median ($655K/$1.5M), which can point to relative value. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +63.7% year-on-year.