Purlewaugh is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2357). With a population of 81, the suburb has a mature demographic with a median age of 54. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Purlewaugh is $5.8 million, having surged 271.4% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,400.
Public transport access includes 8 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Purlewaugh offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 76.9x is considered stretched. House prices have moved +271.4% year-on-year.
Purlewaugh is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2357). With a population of 81, the suburb has a mature demographic with a median age of 54. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Purlewaugh is $5.8 million, having surged 271.4% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,400.
Public transport access includes 8 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Purlewaugh offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 76.9x is considered stretched. House prices have moved +271.4% year-on-year.