Wandandian is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 359, the suburb has a mature demographic with a median age of 45. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Wandandian is $1.1 million, having declined 4.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,749.
Public transport access includes 7 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Wandandian offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -4.5% year-on-year.
Wandandian is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 359, the suburb has a mature demographic with a median age of 45. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, sales. The top ancestries reported are English, Australian, Irish.
The median house price in Wandandian is $1.1 million, having declined 4.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,749.
Public transport access includes 7 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Wandandian offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved -4.5% year-on-year.