Urila is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 110, the suburb has a mature demographic with a median age of 52. Households earn a median income of $117K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Urila is $650,000, having dropped significantly 45.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,123.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Urila offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -45.8% year-on-year.
Urila is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2620). With a population of 110, the suburb has a mature demographic with a median age of 52. Households earn a median income of $117K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Urila is $650,000, having dropped significantly 45.8% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $2,123.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Urila offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -45.8% year-on-year.