Sandy Gully is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 15, the suburb has an older demographic with a median age of 60. Households earn a median income of $75K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Sandy Gully is $270,000, having dropped significantly 82% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Sandy Gully offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -82.0% year-on-year.
Sandy Gully is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 15, the suburb has an older demographic with a median age of 60. Households earn a median income of $75K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Sandy Gully is $270,000, having dropped significantly 82% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Sandy Gully offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.6x is considered affordable. House prices have moved -82.0% year-on-year.