Gala Vale is a quiet locality in New South Wales within the Murrumbidgee local government area (postcode 2716). With a population of 13, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $123K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, Scottish, English.
The median house price in Gala Vale is $2.1 million, having surged 43962.5% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $300.
The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Gala Vale offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +43962.5% year-on-year.
Gala Vale is a quiet locality in New South Wales within the Murrumbidgee local government area (postcode 2716). With a population of 13, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $123K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, Scottish, English.
The median house price in Gala Vale is $2.1 million, having surged 43962.5% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $300.
The crime rate in the Murrumbidgee LGA is below average at 3,663 incidents per 100,000 population.
From an investment perspective, Gala Vale offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 17.1x is considered stretched. House prices have moved +43962.5% year-on-year.