Rowena is a quiet locality in New South Wales within the Walgett local government area (postcode 2387). With a population of 172, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $90K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Rowena is $39,000, having surged 37.5% over the past year. The median weekly rent is $50 (Census 2021). This gives a gross rental yield of approximately 6.8%.
Rowena is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Walgett LGA is higher than average at 12,498 incidents per 100,000 population.
From an investment perspective, Rowena offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($39K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved +37.5% year-on-year.
Rowena is a quiet locality in New South Wales within the Walgett local government area (postcode 2387). With a population of 172, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $90K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Rowena is $39,000, having surged 37.5% over the past year. The median weekly rent is $50 (Census 2021). This gives a gross rental yield of approximately 6.8%.
Rowena is served by 1 school, including 1 primary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Walgett LGA is higher than average at 12,498 incidents per 100,000 population.
From an investment perspective, Rowena offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($39K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved +37.5% year-on-year.