Northangera is a small, quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). The area has roughly 44 residents and an older demographic, with a median age of 58. Households earn a median income of $113K per year, with an average household size of 2.2 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward agriculture and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Northangera is $1.6 million, having surged by 146% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,687.
Public transport access includes 1 bus stop. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.6% (low yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 13.8x is considered stretched. House prices have moved +146.0% year-on-year.