Mirrool is a quiet locality in New South Wales within the Bland local government area (postcode 2665). With a population of 79, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mirrool is $75,000, having dropped significantly 94.5% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 12.5%. The median monthly mortgage repayment is $867.
Public transport access includes 2 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Mirrool offers a gross rental yield of 12.5%, rated as high yield. Property prices sit below the state median ($75K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.0x is considered affordable. House prices have moved -94.5% year-on-year.
Mirrool is a quiet locality in New South Wales within the Bland local government area (postcode 2665). With a population of 79, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mirrool is $75,000, having dropped significantly 94.5% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 12.5%. The median monthly mortgage repayment is $867.
Public transport access includes 2 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Mirrool offers a gross rental yield of 12.5%, rated as high yield. Property prices sit below the state median ($75K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.0x is considered affordable. House prices have moved -94.5% year-on-year.