Myrtleville is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 100, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Myrtleville is $750,000, having dropped significantly 82.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,721.
Public transport access includes 8 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Myrtleville offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -82.1% year-on-year.
Myrtleville is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 100, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $72K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Myrtleville is $750,000, having dropped significantly 82.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,721.
Public transport access includes 8 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Myrtleville offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -82.1% year-on-year.