Koonorigan is a quiet locality in New South Wales within the Lismore local government area (postcode 2480). It is home to about 332 residents, with an older-leaning population and a median age of 48. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. 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 professionals, managers, labourers. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Koonorigan has a median house price of $970,000, which has risen solidly by 6.6% year-on-year. The current median weekly rent is $535. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,517.
Public transport access includes 24 bus stops. The crime rate in the Lismore LGA is moderate at 5,173 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.9% (low yield). Property prices sit below the state median ($970K/$1.5M), which can point to relative value. The price-to-income ratio of 14.4x is considered stretched. House prices have moved +6.6% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.