Merriangaah is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 12, the suburb has an older demographic with a median age of 61. Households earn a median income of $34K per year, with an average household size of 1.8 people. The top ancestries reported are English, Australian, Italian.
The median house price in Merriangaah is $770,000, having surged 54% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 1.9%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Merriangaah offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 22.8x is considered stretched. House prices have moved +54.0% year-on-year.
Merriangaah is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 12, the suburb has an older demographic with a median age of 61. Households earn a median income of $34K per year, with an average household size of 1.8 people. The top ancestries reported are English, Australian, Italian.
The median house price in Merriangaah is $770,000, having surged 54% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 1.9%.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Merriangaah offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($770K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 22.8x is considered stretched. House prices have moved +54.0% year-on-year.