Maxwell is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 90, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $113K per year, with an average household size of 3 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Maxwell is $414,000, having dropped significantly 62.4% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $2,600.
Public transport access includes 4 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Maxwell offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($414K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -62.4% year-on-year.
Maxwell is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 90, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $113K per year, with an average household size of 3 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Maxwell is $414,000, having dropped significantly 62.4% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $2,600.
Public transport access includes 4 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Maxwell offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($414K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -62.4% year-on-year.