Belanglo is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 22, the suburb has a mature demographic with a median age of 53. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals. The top ancestries reported are English, Scottish, Irish.
The median house price in Belanglo is $1.0 million, having dropped significantly 74.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $3,150.
The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Belanglo offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -74.4% year-on-year.
Belanglo is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 22, the suburb has a mature demographic with a median age of 53. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals. The top ancestries reported are English, Scottish, Irish.
The median house price in Belanglo is $1.0 million, having dropped significantly 74.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $3,150.
The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Belanglo offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved -74.4% year-on-year.