Minjary is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 55, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are machinery operators & drivers, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Minjary is $400,000, having surged 33.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,100.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Minjary offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +33.3% year-on-year.
Minjary is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 55, the suburb has an established demographic with a median age of 39. Households earn a median income of $94K per year, with an average household size of 2.8 people. The most common occupations are machinery operators & drivers, managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Minjary is $400,000, having surged 33.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,100.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Minjary offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.2x is considered affordable. House prices have moved +33.3% year-on-year.