Metz is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 117, the suburb has an established demographic with a median age of 43. Households earn a median income of $97K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Metz is $850,000, having dropped significantly 53% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
Public transport access includes 6 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Metz offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -53.0% year-on-year.
Metz is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 117, the suburb has an established demographic with a median age of 43. Households earn a median income of $97K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Metz is $850,000, having dropped significantly 53% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
Public transport access includes 6 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Metz offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($850K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -53.0% year-on-year.