Oberne Creek is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 49, the suburb has a mature demographic with a median age of 52. Households earn a median income of $81K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Oberne Creek is $1.8 million, having dropped significantly 25.2% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Oberne Creek offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 22.0x is considered stretched. House prices have moved -25.2% year-on-year.
Oberne Creek is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 49, the suburb has a mature demographic with a median age of 52. Households earn a median income of $81K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Oberne Creek is $1.8 million, having dropped significantly 25.2% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Oberne Creek offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 22.0x is considered stretched. House prices have moved -25.2% year-on-year.