Warburn is a quiet locality in New South Wales within the Griffith local government area (postcode 2680). With a population of 62, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $97K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Italian, Australian, English.
The median house price in Warburn is $1.2 million, having grown strongly 9.1% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $930.
Public transport access includes 11 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Warburn offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +9.1% year-on-year.
Warburn is a quiet locality in New South Wales within the Griffith local government area (postcode 2680). With a population of 62, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $97K per year, with an average household size of 3.3 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Italian, Australian, English.
The median house price in Warburn is $1.2 million, having grown strongly 9.1% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $930.
Public transport access includes 11 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Warburn offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +9.1% year-on-year.