Wakool is a quiet locality in New South Wales within the Murray River local government area (postcode 2710). With a population of 262, the suburb has a mature demographic with a median age of 49. Households earn a median income of $46K per year, with an average household size of 2.1 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wakool is $225,000, having surged 45.2% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $500.
Wakool is served by 1 school, including 1 primary. The average ICSEA score is 849, which is well below the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Wakool offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +45.2% year-on-year.
Wakool is a quiet locality in New South Wales within the Murray River local government area (postcode 2710). With a population of 262, the suburb has a mature demographic with a median age of 49. Households earn a median income of $46K per year, with an average household size of 2.1 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wakool is $225,000, having surged 45.2% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $500.
Wakool is served by 1 school, including 1 primary. The average ICSEA score is 849, which is well below the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Wakool offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($225K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +45.2% year-on-year.