Speewa is a quiet locality in New South Wales within the Murray River local government area (postcode 2735). With a population of 115, the suburb has a mature demographic with a median age of 45. Households earn a median income of $72K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Speewa is $435,000, having dropped significantly 66.5% over the past year. The median weekly rent is $220 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,156.
Public transport access includes 2 ferry wharfves, 5 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Speewa offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved -66.5% year-on-year.
Speewa is a quiet locality in New South Wales within the Murray River local government area (postcode 2735). With a population of 115, the suburb has a mature demographic with a median age of 45. Households earn a median income of $72K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Speewa is $435,000, having dropped significantly 66.5% over the past year. The median weekly rent is $220 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,156.
Public transport access includes 2 ferry wharfves, 5 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Speewa offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved -66.5% year-on-year.