Mallowa is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2400). With a population of 97, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $107K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mallowa is $743,000, having dropped significantly 90.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%.
Public transport access includes 1 bus stop. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Mallowa offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($743K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -90.4% year-on-year.
Mallowa is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2400). With a population of 97, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $107K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Mallowa is $743,000, having dropped significantly 90.4% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 2.8%.
Public transport access includes 1 bus stop. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Mallowa offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($743K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.9x is considered moderate. House prices have moved -90.4% year-on-year.