Wandella is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 141, the suburb has an older demographic with a median age of 59. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wandella is $865,000, having dropped significantly 35.9% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $913.
Public transport access includes 7 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Wandella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($865K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.1x is considered stretched. House prices have moved -35.9% year-on-year.
Wandella is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 141, the suburb has an older demographic with a median age of 59. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wandella is $865,000, having dropped significantly 35.9% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $913.
Public transport access includes 7 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Wandella offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($865K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.1x is considered stretched. House prices have moved -35.9% year-on-year.