Jerrabattgulla NSW

Postcode 2622 · Queanbeyan-Palerang Regional LGA

Jerrabattgulla is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 16, the suburb has an older demographic with a median age of 68. Households earn a median income of $45K per year, with an average household size of 1.5 people. The most common occupations are managers, clerical & administrative. The top ancestries reported are English, Irish, Scottish.

The median house price in Jerrabattgulla is $1.3 million, having surged 201.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $600.

The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.

From an investment perspective, Jerrabattgulla offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 28.0x is considered stretched. House prices have moved +201.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.2% Low Yield
Price vs State$1.3M/$1.5M Near Median
Affordability28.0x Stretched
Price Momentum+201.8% Rising
SEIFA INDEX (ABS)
Advantage8/10
Education9/10
Economic8/10
Disadvantage8/10
MEDIAN HOUSE
$1.3M
201.8% YoY
MEDIAN RENT /WK
POPULATION
16
DEMOGRAPHICS
Median Age68
Household Size1.5
HH Income /wk$866
Personal Income /wk$479
Mortgage /mth$600
CRIME (Queanbeyan-Palerang Regional LGA)
Crime Rate (per 100k)2,796
Total Incidents1,828
Data: 2022