Located in New South Wales within the Kyogle local government area, Wadeville is a sparsely populated locality (postcode 2474). The area has roughly 177 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Irish, Australian.
Median house prices in Wadeville sit at $110,000, little changed on a year ago. The current median weekly rent is $500. This gives a gross rental yield of approximately 23.6%. 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 2,334 incidents per 100,000 population.
Looking at the investment signals, Wadeville shows a gross rental yield of approximately 23.6%, rated as high yield. Property prices sit below the state median ($110K/$1.5M), which can point to relative value. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.