Maddens Plains is a quiet locality in New South Wales within the Wollongong local government area (postcode 2508). With a population of 8, the suburb has an established demographic with a median age of 40. Households earn a median income of $143K per year, with an average household size of 2.5 people. The top ancestries reported are Australian, Scottish.
The median house price in Maddens Plains is $1.7 million, having surged 61.5% over the past year. The current median weekly rent is $798. This gives a gross rental yield of approximately 2.4%.
Maddens Plains is served by 1 school, including 1 combined. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Maddens Plains offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +61.5% year-on-year.
Maddens Plains is a quiet locality in New South Wales within the Wollongong local government area (postcode 2508). With a population of 8, the suburb has an established demographic with a median age of 40. Households earn a median income of $143K per year, with an average household size of 2.5 people. The top ancestries reported are Australian, Scottish.
The median house price in Maddens Plains is $1.7 million, having surged 61.5% over the past year. The current median weekly rent is $798. This gives a gross rental yield of approximately 2.4%.
Maddens Plains is served by 1 school, including 1 combined. The average ICSEA score is 973, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Maddens Plains offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +61.5% year-on-year.