Mellong is a quiet locality in New South Wales within the Hawkesbury local government area (postcode 2756). With a population of 7, the suburb has a mature demographic with a median age of 45. Households earn a median income of $59K per year, with an average household size of 1 people.
The median house price in Mellong is $3.6 million, having surged 362.2% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,383.
The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Mellong offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 60.8x is considered stretched. House prices have moved +362.2% year-on-year.
Mellong is a quiet locality in New South Wales within the Hawkesbury local government area (postcode 2756). With a population of 7, the suburb has a mature demographic with a median age of 45. Households earn a median income of $59K per year, with an average household size of 1 people.
The median house price in Mellong is $3.6 million, having surged 362.2% over the past year. The current median weekly rent is $650. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,383.
The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Mellong offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 60.8x is considered stretched. House prices have moved +362.2% year-on-year.