Belfrayden is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 12, the suburb has a mature demographic with a median age of 54. Households earn a median income of $30K per year, with an average household size of 1.4 people. The top ancestries reported are English, Australian, Irish.
The median house price in Belfrayden is $539,000, having surged 105.7% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $867.
Public transport access includes 2 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Belfrayden offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($539K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +105.7% year-on-year.
Belfrayden is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 12, the suburb has a mature demographic with a median age of 54. Households earn a median income of $30K per year, with an average household size of 1.4 people. The top ancestries reported are English, Australian, Irish.
The median house price in Belfrayden is $539,000, having surged 105.7% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $867.
Public transport access includes 2 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Belfrayden offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($539K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +105.7% year-on-year.