Razorback is a small community in New South Wales within the Wollondilly local government area (postcode 2571). With a population of 1,174, the suburb has an established demographic with a median age of 43. Households earn a median income of $142K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Razorback is $2.0 million, having dropped significantly 9.3% over the past year. The current median weekly rent is $685. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,000.
Public transport access includes 26 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Razorback offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -9.3% year-on-year.
Razorback is a small community in New South Wales within the Wollondilly local government area (postcode 2571). With a population of 1,174, the suburb has an established demographic with a median age of 43. Households earn a median income of $142K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Razorback is $2.0 million, having dropped significantly 9.3% over the past year. The current median weekly rent is $685. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,000.
Public transport access includes 26 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Razorback offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.1x is considered stretched. House prices have moved -9.3% year-on-year.