Located in New South Wales within the Snowy Monaro Regional local government area, The Angle is a small, quiet locality (postcode 2620). With a population of 86, the suburb has an older-leaning population with a median age of 47. Households earn a median income of $98K per year, with an average household size of 2.8 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, technicians & trades, labourers. Employment in the area leans toward public admin & safety and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in The Angle is $900,000, having surged by 116.9% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,084.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.2%, which reads as moderate yield. Property prices sit below the state median ($900K/$1.5M), which can point to relative value. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +116.9% year-on-year.