Ournie is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2640). With a population of 34, the suburb has a mature demographic with a median age of 52. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Ournie is $700,000, having dropped significantly 62.7% over the past year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $217.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Ournie offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -62.7% year-on-year.
Ournie is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2640). With a population of 34, the suburb has a mature demographic with a median age of 52. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Ournie is $700,000, having dropped significantly 62.7% over the past year. The current median weekly rent is $535. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $217.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Ournie offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -62.7% year-on-year.