Delegate is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2633). With a population of 295, the suburb has a mature demographic with a median age of 53. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Delegate is $550,000, having surged 117.8% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $859.
Delegate is served by 1 school, including 1 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 16 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Delegate offers a gross rental yield of 1.4%, rated as low yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +117.8% year-on-year.
Delegate is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2633). With a population of 295, the suburb has a mature demographic with a median age of 53. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Delegate is $550,000, having surged 117.8% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $859.
Delegate is served by 1 school, including 1 primary. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 16 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Delegate offers a gross rental yield of 1.4%, rated as low yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +117.8% year-on-year.