Gobbagombalin is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 2,184, the suburb has a young professional demographic with a median age of 28. Households earn a median income of $131K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gobbagombalin is $820,000, having surged 19.6% over the past year. Units have a median price of $665,000 (+56.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,924.
Public transport access includes 16 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Gobbagombalin offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +19.6% year-on-year.
Gobbagombalin is a smaller suburb in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 2,184, the suburb has a young professional demographic with a median age of 28. Households earn a median income of $131K per year, with an average household size of 2.9 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gobbagombalin is $820,000, having surged 19.6% over the past year. Units have a median price of $665,000 (+56.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,924.
Public transport access includes 16 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Gobbagombalin offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +19.6% year-on-year.