Monivae is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 30, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.9 people. The top ancestries reported are English, Australian, Irish.
The median house price in Monivae is $915,000, having surged 18.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,871.
Public transport access includes 2 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Monivae offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($915K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +18.8% year-on-year.
Monivae is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 30, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.9 people. The top ancestries reported are English, Australian, Irish.
The median house price in Monivae is $915,000, having surged 18.8% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,871.
Public transport access includes 2 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Monivae offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($915K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +18.8% year-on-year.