Monga is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 27, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Irish, English, Scottish.
The median house price in Monga is $1.4 million, having surged 93.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,600.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Monga offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +93.8% year-on-year.
Monga is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 27, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Irish, English, Scottish.
The median house price in Monga is $1.4 million, having surged 93.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,600.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Monga offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.8x is considered stretched. House prices have moved +93.8% year-on-year.