Burrandana is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 23, the suburb has an established demographic with a median age of 42. Households earn a median income of $123K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Burrandana is $139,000, having remained flat 0% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 20.9%. The median monthly mortgage repayment is $5,842.
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, Burrandana offers a gross rental yield of 20.9%, rated as high yield. Property prices sit below the state median ($139K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved +0.0% year-on-year.
Burrandana is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 23, the suburb has an established demographic with a median age of 42. Households earn a median income of $123K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Burrandana is $139,000, having remained flat 0% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 20.9%. The median monthly mortgage repayment is $5,842.
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, Burrandana offers a gross rental yield of 20.9%, rated as high yield. Property prices sit below the state median ($139K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.1x is considered affordable. House prices have moved +0.0% year-on-year.