Green Gully is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 49, the suburb has a mature demographic with a median age of 52. Households earn a median income of $61K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Green Gully is $440,000, having dipped slightly 1.1% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 7.3%. The median monthly mortgage repayment is $1,174.
Public transport access includes 7 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, Green Gully offers a gross rental yield of 7.3%, rated as high yield. Property prices sit below the state median ($440K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -1.1% year-on-year.
Green Gully is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 49, the suburb has a mature demographic with a median age of 52. Households earn a median income of $61K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Green Gully is $440,000, having dipped slightly 1.1% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 7.3%. The median monthly mortgage repayment is $1,174.
Public transport access includes 7 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, Green Gully offers a gross rental yield of 7.3%, rated as high yield. Property prices sit below the state median ($440K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -1.1% year-on-year.