Putty is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 126, the suburb has a mature demographic with a median age of 48. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Putty is $1.1 million, having surged 67.7% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,700.
Public transport access includes 5 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Putty offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 19.0x is considered stretched. House prices have moved +67.7% year-on-year.
Putty is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 126, the suburb has a mature demographic with a median age of 48. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Putty is $1.1 million, having surged 67.7% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,700.
Public transport access includes 5 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Putty offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 19.0x is considered stretched. House prices have moved +67.7% year-on-year.