Mabins Well is a quiet locality in New South Wales within the Edward River local government area (postcode 2716). With a population of 8, the suburb has a young demographic with a median age of 25. Households earn a median income of $117K per year, with an average household size of 5 people. The top ancestries reported are Australian, English.
The median house price in Mabins Well is $1.9 million, having surged 1284.8% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 1.0%.
The crime rate in the Edward River LGA is moderate at 5,647 incidents per 100,000 population.
From an investment perspective, Mabins Well offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved +1284.8% year-on-year.
Mabins Well is a quiet locality in New South Wales within the Edward River local government area (postcode 2716). With a population of 8, the suburb has a young demographic with a median age of 25. Households earn a median income of $117K per year, with an average household size of 5 people. The top ancestries reported are Australian, English.
The median house price in Mabins Well is $1.9 million, having surged 1284.8% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 1.0%.
The crime rate in the Edward River LGA is moderate at 5,647 incidents per 100,000 population.
From an investment perspective, Mabins Well offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 16.2x is considered stretched. House prices have moved +1284.8% year-on-year.