Wayo is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 125, the suburb has an older demographic with a median age of 55. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Wayo is $480,000, having dropped significantly 54.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $2,275.
Public transport access includes 6 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Wayo offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -54.3% year-on-year.
Wayo is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 125, the suburb has an older demographic with a median age of 55. Households earn a median income of $102K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Wayo is $480,000, having dropped significantly 54.3% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $2,275.
Public transport access includes 6 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Wayo offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -54.3% year-on-year.