Ando is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 49, the suburb has a mature demographic with a median age of 51. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Italian.
The median house price in Ando is $1.2 million, having dropped significantly 47.9% over the past year. The median weekly rent is $163 (Census 2021). This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,018.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Ando offers a gross rental yield of 0.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -47.9% year-on-year.
Ando is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 49, the suburb has a mature demographic with a median age of 51. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Italian.
The median house price in Ando is $1.2 million, having dropped significantly 47.9% over the past year. The median weekly rent is $163 (Census 2021). This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,018.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Ando offers a gross rental yield of 0.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -47.9% year-on-year.