Snakes Plain NSW

Postcode 2824 · Warren LGA

Snakes Plain is a quiet locality in New South Wales within the Warren local government area (postcode 2824). With a population of 14, the suburb has an established demographic with a median age of 40. Households earn a median income of $98K per year, with an average household size of 1.8 people. The top ancestries reported are English, Australian.

The median house price in Snakes Plain is $3.2 million, having remained flat 0% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 0.5%.

The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.

From an investment perspective, Snakes Plain offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($3.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 32.7x is considered stretched. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield0.5% Low Yield
Price vs State$3.2M/$1.5M Above Median
Affordability32.7x Stretched
Price Momentum+0.0% Stable
SEIFA INDEX (ABS)
Advantage7/10
Education7/10
Economic8/10
Disadvantage8/10
MEDIAN HOUSE
$3.2M
0% YoY
MEDIAN RENT /WK
$160
POPULATION
14
DEMOGRAPHICS
Median Age40
Household Size1.8
HH Income /wk$1,875
Personal Income /wk$1625
Mortgage /mth
TOP OCCUPATIONS
TOP ANCESTRY
TOP INDUSTRIES
CRIME (Warren LGA)
Crime Rate (per 100k)0
Total Incidents217
Data: 2022