Greg Greg is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2642). With a population of 36, the suburb has a mature demographic with a median age of 47. Households earn a median income of $134K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, Italian.
The median house price in Greg Greg is $4.3 million, having surged 137% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $2,241.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Greg Greg offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.2x is considered stretched. House prices have moved +137.0% year-on-year.
Greg Greg is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2642). With a population of 36, the suburb has a mature demographic with a median age of 47. Households earn a median income of $134K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, Italian.
The median house price in Greg Greg is $4.3 million, having surged 137% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $2,241.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Greg Greg offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.2x is considered stretched. House prices have moved +137.0% year-on-year.