Warren is a small community in New South Wales within the Warren local government area (postcode 2824). With a population of 1,272, the suburb has a mature demographic with a median age of 45. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Warren is $443,000, having surged 58% over the past year. Units have a median price of $190,000 (+46.2% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,083.
Warren is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 898, which is well below the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Warren offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($443K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +58.0% year-on-year.
Warren is a small community in New South Wales within the Warren local government area (postcode 2824). With a population of 1,272, the suburb has a mature demographic with a median age of 45. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Warren is $443,000, having surged 58% over the past year. Units have a median price of $190,000 (+46.2% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,083.
Warren is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 898, which is well below the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Warren LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Warren offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($443K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +58.0% year-on-year.