Gregadoo is a small, quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). It is home to about 274 residents, with an established family demographic and a median age of 41. Households earn a median income of $120K per year, with an average household size of 3.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Gregadoo is $479,000, having declined steeply by 33.9% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
Looking at the investment signals, Gregadoo shows a gross rental yield of approximately 5.9%, rated as high yield. Property prices sit below the state median ($479K/$1.5M), which can point to relative value. The price-to-income ratio of 4.0x is considered affordable. House prices have moved -33.9% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.