Middle Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 41, the suburb has an older demographic with a median age of 55. Households earn a median income of $117K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Middle Flat is $1.3 million, having surged 44.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Middle Flat offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.1x is considered stretched. House prices have moved +44.4% year-on-year.
Middle Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 41, the suburb has an older demographic with a median age of 55. Households earn a median income of $117K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Middle Flat is $1.3 million, having surged 44.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Middle Flat offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 11.1x is considered stretched. House prices have moved +44.4% year-on-year.