Urangeline is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 31, the suburb has an established demographic with a median age of 40. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Urangeline is $307,000, having dropped significantly 92.9% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 5 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Urangeline offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($307K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -92.9% year-on-year.
Urangeline is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 31, the suburb has an established demographic with a median age of 40. Households earn a median income of $75K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Urangeline is $307,000, having dropped significantly 92.9% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 5 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Urangeline offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($307K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved -92.9% year-on-year.