Warri (postcode 2622) is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. With a population of 144, the suburb has an established family demographic with a median age of 39. Households earn a median income of $164K per year, with an average household size of 3 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Warri stand at $785,000, having risen steeply by 67.7% over the last twelve months. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,554.
Public transport access includes 5 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($785K/$1.5M), which can point to relative value. The price-to-income ratio of 4.8x is considered affordable. House prices have moved +67.7% year-on-year.