Wanganui NSW

Postcode 2482 · Byron LGA

Wanganui is a quiet locality in New South Wales within the Byron local government area (postcode 2482). With a population of 51, the suburb has a mature demographic with a median age of 50. Households earn a median income of $59K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, German.

The median house price in Wanganui is $1.5 million, having surged 1509.4% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,300.

The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.

From an investment perspective, Wanganui offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 25.6x is considered stretched. House prices have moved +1509.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.4% Low Yield
Price vs State$1.5M/$1.5M Near Median
Affordability25.6x Stretched
Price Momentum+1509.4% Rising
SEIFA INDEX (ABS)
Advantage4/10
Education9/10
Economic2/10
Disadvantage6/10
MEDIAN HOUSE
$1.5M
1509.4% YoY
MEDIAN RENT /WK
$500
POPULATION
51
DEMOGRAPHICS
Median Age50
Household Size2.9
HH Income /wk$1,125
Personal Income /wk$483
Mortgage /mth$1,300
CRIME (Byron LGA)
Crime Rate (per 100k)4,153
Total Incidents1,571
Data: 2023