Peelwood is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 45, the suburb has an older demographic with a median age of 61. Households earn a median income of $40K per year, with an average household size of 2 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Peelwood is $200,000, having dropped significantly 68.3% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.7%. The median monthly mortgage repayment is $529.
Public transport access includes 3 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Peelwood offers a gross rental yield of 11.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved -68.3% year-on-year.
Peelwood is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 45, the suburb has an older demographic with a median age of 61. Households earn a median income of $40K per year, with an average household size of 2 people. The most common occupations are managers, machinery operators & drivers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Peelwood is $200,000, having dropped significantly 68.3% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 11.7%. The median monthly mortgage repayment is $529.
Public transport access includes 3 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Peelwood offers a gross rental yield of 11.7%, rated as high yield. Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved -68.3% year-on-year.