Two Mile Flat is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 59, the suburb has an established demographic with a median age of 43. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Two Mile Flat is $1.7 million, having surged 240.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,563.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Two Mile Flat offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 20.1x is considered stretched. House prices have moved +240.5% year-on-year.
Two Mile Flat is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 59, the suburb has an established demographic with a median age of 43. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Two Mile Flat is $1.7 million, having surged 240.5% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,563.
Public transport access includes 5 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Two Mile Flat offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 20.1x is considered stretched. House prices have moved +240.5% year-on-year.