Rocky Glen is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2357). With a population of 65, the suburb has an older demographic with a median age of 56. Households earn a median income of $49K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are English, Australian, French.
The median house price in Rocky Glen is $273,000, having surged 11.2% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 6.9%. The median monthly mortgage repayment is $3,467.
Public transport access includes 9 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Rocky Glen offers a gross rental yield of 6.9%, rated as high yield. Property prices sit below the state median ($273K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +11.2% year-on-year.
Rocky Glen is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2357). With a population of 65, the suburb has an older demographic with a median age of 56. Households earn a median income of $49K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are English, Australian, French.
The median house price in Rocky Glen is $273,000, having surged 11.2% over the past year. The current median weekly rent is $360. This gives a gross rental yield of approximately 6.9%. The median monthly mortgage repayment is $3,467.
Public transport access includes 9 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Rocky Glen offers a gross rental yield of 6.9%, rated as high yield. Property prices sit below the state median ($273K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +11.2% year-on-year.