Waugorah is a quiet locality in New South Wales within the Murray River local government area (postcode 2711). With a population of 9, the suburb has a mature demographic with a median age of 47. Households earn a median income of $110K per year, with an average household size of 2 people.
The median house price in Waugorah is $46,000, having dropped significantly 99.3% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 31.1%.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Waugorah offers a gross rental yield of 31.1%, rated as high yield. Property prices sit below the state median ($46K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.3% year-on-year.
Waugorah is a quiet locality in New South Wales within the Murray River local government area (postcode 2711). With a population of 9, the suburb has a mature demographic with a median age of 47. Households earn a median income of $110K per year, with an average household size of 2 people.
The median house price in Waugorah is $46,000, having dropped significantly 99.3% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 31.1%.
The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Waugorah offers a gross rental yield of 31.1%, rated as high yield. Property prices sit below the state median ($46K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.3% year-on-year.