Wang Wauk is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 98, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Wang Wauk is $800,000, having dropped significantly 17.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,465.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wang Wauk offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.7x is considered stretched. House prices have moved -17.8% year-on-year.
Wang Wauk is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 98, the suburb has a mature demographic with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Wang Wauk is $800,000, having dropped significantly 17.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,465.
Public transport access includes 7 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wang Wauk offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.7x is considered stretched. House prices have moved -17.8% year-on-year.