Polo Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 13, the suburb has an established demographic with a median age of 43. Households earn a median income of $98K per year, with an average household size of 2.2 people. The top ancestries reported are Scottish, English, Australian.
The median house price in Polo Flat is $785,000, having surged 35.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.0%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Polo Flat offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +35.7% year-on-year.
Polo Flat is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 13, the suburb has an established demographic with a median age of 43. Households earn a median income of $98K per year, with an average household size of 2.2 people. The top ancestries reported are Scottish, English, Australian.
The median house price in Polo Flat is $785,000, having surged 35.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.0%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Polo Flat offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($785K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +35.7% year-on-year.