Mutawintji is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 30, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 3.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Mutawintji is $3.2 million, having dropped significantly 12.4% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 0.5%.
From an investment perspective, Mutawintji offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 52.5x is considered stretched. House prices have moved -12.4% year-on-year.
Mutawintji is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 30, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 3.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Mutawintji is $3.2 million, having dropped significantly 12.4% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 0.5%.
From an investment perspective, Mutawintji offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 52.5x is considered stretched. House prices have moved -12.4% year-on-year.