Royalla (postcode 2620) is a small locality in New South Wales within the Queanbeyan-Palerang Regional local government area. The area has roughly 1,063 residents and an established family 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. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Scottish.
The median house price in Royalla is $1.6 million, having jumped by 18.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.8%. 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 2,677 incidents per 100,000 population.
Looking at the investment signals, Royalla shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +18.5% year-on-year.