Wadeville is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 177, the suburb has an older demographic with a median age of 56. Households earn a median income of $29K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Irish, Australian.
The median house price in Wadeville is $450,000, having dropped significantly 18.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 10.7%. The median monthly mortgage repayment is $1,120.
Wadeville is served by 1 school, including 1 primary. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Wadeville offers a gross rental yield of 10.7%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -18.2% year-on-year.
Wadeville is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 177, the suburb has an older demographic with a median age of 56. Households earn a median income of $29K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Irish, Australian.
The median house price in Wadeville is $450,000, having dropped significantly 18.2% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 10.7%. The median monthly mortgage repayment is $1,120.
Wadeville is served by 1 school, including 1 primary. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Wadeville offers a gross rental yield of 10.7%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -18.2% year-on-year.