Menangle is a small community in New South Wales within the Wollondilly local government area (postcode 2568). With a population of 1,252, the suburb has a mature demographic with a median age of 54. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Menangle is $1.3 million, having surged 99.1% over the past year. The current median weekly rent is $735. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,500.
Menangle is served by 1 school, including 1 combined. Public transport access includes 3 rail stations, 24 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Menangle offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 17.5x is considered stretched. House prices have moved +99.1% year-on-year.
Menangle is a small community in New South Wales within the Wollondilly local government area (postcode 2568). With a population of 1,252, the suburb has a mature demographic with a median age of 54. Households earn a median income of $77K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Menangle is $1.3 million, having surged 99.1% over the past year. The current median weekly rent is $735. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,500.
Menangle is served by 1 school, including 1 combined. Public transport access includes 3 rail stations, 24 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Menangle offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 17.5x is considered stretched. House prices have moved +99.1% year-on-year.