Wamboin (postcode 2620) is a small locality in New South Wales within the Queanbeyan-Palerang Regional local government area. With a population of 1,805, the suburb has a settled, mature resident base with a median age of 46. Households earn a median income of $180K per year, with an average household size of 3 people. 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, managers, clerical & administrative. Employment in the area leans toward public admin & safety and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Wamboin is $1.7 million, having moved higher by 3.6% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,600.
Public transport access includes 29 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.7% (low yield). Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved +3.6% year-on-year.