Warregah Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 30, the suburb has a mature demographic with a median age of 46. Households earn a median income of $76K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Warregah Island is $900,000, having surged 65.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Warregah Island offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +65.1% year-on-year.
Warregah Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 30, the suburb has a mature demographic with a median age of 46. Households earn a median income of $76K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Warregah Island is $900,000, having surged 65.1% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 1 bus stop. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Warregah Island offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($900K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +65.1% year-on-year.