Pyangle is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2849). With a population of 37, the suburb has a mature demographic with a median age of 47. Households earn a median income of $84K per year, with an average household size of 3 people. The most common occupations are labourers, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Pyangle is $40,000, having dropped significantly 94.1% over the past year. The median weekly rent is $320 (Census 2021). This gives a gross rental yield of approximately 41.6%. The median monthly mortgage repayment is $1,257.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Pyangle offers a gross rental yield of 41.6%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.5x is considered affordable. House prices have moved -94.1% year-on-year.
Pyangle is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2849). With a population of 37, the suburb has a mature demographic with a median age of 47. Households earn a median income of $84K per year, with an average household size of 3 people. The most common occupations are labourers, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Pyangle is $40,000, having dropped significantly 94.1% over the past year. The median weekly rent is $320 (Census 2021). This gives a gross rental yield of approximately 41.6%. The median monthly mortgage repayment is $1,257.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Pyangle offers a gross rental yield of 41.6%, rated as high yield. Property prices sit below the state median ($40K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.5x is considered affordable. House prices have moved -94.1% year-on-year.