Grattai is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 330, the suburb has a mature demographic with a median age of 50. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Grattai is $975,000, having surged 39.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,409.
Public transport access includes 23 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Grattai offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +39.3% year-on-year.
Grattai is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 330, the suburb has a mature demographic with a median age of 50. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Grattai is $975,000, having surged 39.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,409.
Public transport access includes 23 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Grattai offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($975K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +39.3% year-on-year.