Alfredtown is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 80, the suburb has an established demographic with a median age of 41. Households earn a median income of $136K per year, with an average household size of 3.1 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Alfredtown is $2.5 million, having surged 21.1% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Alfredtown offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.6x is considered stretched. House prices have moved +21.1% year-on-year.
Alfredtown is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 80, the suburb has an established demographic with a median age of 41. Households earn a median income of $136K per year, with an average household size of 3.1 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Alfredtown is $2.5 million, having surged 21.1% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Alfredtown offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 18.6x is considered stretched. House prices have moved +21.1% year-on-year.