Manobalai is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 76, the suburb has an older demographic with a median age of 56. Households earn a median income of $95K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Manobalai is $1.3 million, having surged 681.9% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $3,174.
Public transport access includes 7 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Manobalai 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 13.1x is considered stretched. House prices have moved +681.9% year-on-year.
Manobalai is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2333). With a population of 76, the suburb has an older demographic with a median age of 56. Households earn a median income of $95K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Manobalai is $1.3 million, having surged 681.9% over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $3,174.
Public transport access includes 7 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Manobalai 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 13.1x is considered stretched. House prices have moved +681.9% year-on-year.