Maffra is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 22, the suburb has a mature demographic with a median age of 52. Households earn a median income of $91K per year, with an average household size of 2 people. The most common occupations are labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Maffra is $465,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $867.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Maffra offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -40.4% year-on-year.
Maffra is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 22, the suburb has a mature demographic with a median age of 52. Households earn a median income of $91K per year, with an average household size of 2 people. The most common occupations are labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Maffra is $465,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $867.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Maffra offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($465K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -40.4% year-on-year.