Wallarah is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 344, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.2 people. The most common occupations are labourers, technicians & trades, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Wallarah is $1.7 million, having surged 36% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,275.
Public transport access includes 3 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Wallarah offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved +36.0% year-on-year.
Wallarah is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 344, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.2 people. The most common occupations are labourers, technicians & trades, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Wallarah is $1.7 million, having surged 36% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,275.
Public transport access includes 3 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Wallarah offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 17.3x is considered stretched. House prices have moved +36.0% year-on-year.