Oura is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 246, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $101K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Oura is $939,000, having surged 17.5% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,336.
Public transport access includes 14 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Oura offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($939K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +17.5% year-on-year.
Oura is a quiet locality in New South Wales within the Wagga Wagga local government area (postcode 2650). With a population of 246, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $101K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Oura is $939,000, having surged 17.5% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,336.
Public transport access includes 14 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,356 incidents per 100,000 population.
From an investment perspective, Oura offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($939K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +17.5% year-on-year.