Royalla is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 1,063, the suburb has an established demographic with a median age of 41. Households earn a median income of $190K per year, with an average household size of 3.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Royalla is $1.4 million, having grown strongly 6.3% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,840.
Public transport access includes 13 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Royalla offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 7.5x is considered moderate. House prices have moved +6.3% year-on-year.
Royalla is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 1,063, the suburb has an established demographic with a median age of 41. Households earn a median income of $190K per year, with an average household size of 3.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Royalla is $1.4 million, having grown strongly 6.3% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,840.
Public transport access includes 13 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Royalla offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 7.5x is considered moderate. House prices have moved +6.3% year-on-year.