The Marra is a quiet locality in New South Wales within the Warren local government area (postcode 2831). With a population of 76, the suburb has a mature demographic with a median age of 48. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in The Marra is $6.6 million, having dropped significantly 26.7% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, The Marra offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($6.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 60.9x is considered stretched. House prices have moved -26.7% year-on-year.
The Marra is a quiet locality in New South Wales within the Warren local government area (postcode 2831). With a population of 76, the suburb has a mature demographic with a median age of 48. Households earn a median income of $108K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in The Marra is $6.6 million, having dropped significantly 26.7% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, The Marra offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($6.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 60.9x is considered stretched. House prices have moved -26.7% year-on-year.