Myola is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 94, the suburb has an older demographic with a median age of 65. Households earn a median income of $51K per year, with an average household size of 1.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Myola is $1.2 million, having dropped significantly 33.4% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,237.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Myola offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 23.6x is considered stretched. House prices have moved -33.4% year-on-year.
Myola is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 94, the suburb has an older demographic with a median age of 65. Households earn a median income of $51K per year, with an average household size of 1.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Myola is $1.2 million, having dropped significantly 33.4% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,237.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Myola offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 23.6x is considered stretched. House prices have moved -33.4% year-on-year.