Parraweena is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2339). With a population of 61, the suburb has an established demographic with a median age of 44. Households earn a median income of $101K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Parraweena is $3.6 million, having dropped significantly 40.6% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 0.8%.
Public transport access includes 3 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Parraweena offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.7x is considered stretched. House prices have moved -40.6% year-on-year.
Parraweena is a quiet locality in New South Wales within the Liverpool Plains local government area (postcode 2339). With a population of 61, the suburb has an established demographic with a median age of 44. Households earn a median income of $101K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Parraweena is $3.6 million, having dropped significantly 40.6% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 0.8%.
Public transport access includes 3 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Parraweena offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($3.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 35.7x is considered stretched. House prices have moved -40.6% year-on-year.