Galore is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 70, the suburb has an established demographic with a median age of 43. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Galore is $950,000, having dropped significantly 70.3% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,542.
Public transport access includes 9 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Galore offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved -70.3% year-on-year.
Galore is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 70, the suburb has an established demographic with a median age of 43. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Galore is $950,000, having dropped significantly 70.3% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,542.
Public transport access includes 9 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Galore offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.3x is considered stretched. House prices have moved -70.3% year-on-year.