Moorwatha is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2640). With a population of 60, the suburb has an older demographic with a median age of 56. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Moorwatha is $592,000, having surged 62.2% over the past year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 12 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Moorwatha offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($592K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +62.2% year-on-year.
Moorwatha is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2640). With a population of 60, the suburb has an older demographic with a median age of 56. Households earn a median income of $117K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Moorwatha is $592,000, having surged 62.2% over the past year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 12 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Moorwatha offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($592K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +62.2% year-on-year.