Wandsworth is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 107, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wandsworth is $2.4 million, having dropped significantly 70% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $5,581.
Public transport access includes 10 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Wandsworth offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.4x is considered stretched. House prices have moved -70.0% year-on-year.
Wandsworth is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 107, the suburb has a mature demographic with a median age of 50. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wandsworth is $2.4 million, having dropped significantly 70% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $5,581.
Public transport access includes 10 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Wandsworth offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.4x is considered stretched. House prices have moved -70.0% year-on-year.