Located in New South Wales within the Yass Valley local government area, Wallaroo is a small locality (postcode 2618). It is home to about 576 residents, with an established demographic and a median age of 43. Households earn a median income of $162K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 managers, professionals, technicians & trades. Employment in the area leans toward construction and public admin & safety. The top ancestries reported are Australian, English, Scottish.
Wallaroo has a median house price of $2.1 million, which has grown strongly by 9.9% year-on-year. The median weekly rent is $440 (Census 2021). This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,781.
Public transport access includes 10 bus stops. The crime rate in the Yass Valley LGA is low at 1,642 incidents per 100,000 population.
Looking at the investment signals, Wallaroo shows a gross rental yield of approximately 1.1%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +9.9% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.