Wallendbeen is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2588). With a population of 299, the suburb has a mature demographic with a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Wallendbeen is $415,000, having declined 3.5% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,042.
Public transport access includes 10 bus stops.
From an investment perspective, Wallendbeen offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($415K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -3.5% year-on-year.
Wallendbeen is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2588). With a population of 299, the suburb has a mature demographic with a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Wallendbeen is $415,000, having declined 3.5% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,042.
Public transport access includes 10 bus stops.
From an investment perspective, Wallendbeen offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($415K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -3.5% year-on-year.