Weetaliba is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2395). With a population of 67, the suburb has an established demographic with a median age of 43. Households earn a median income of $32K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Weetaliba is $118,000, having dropped significantly 56.3% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Weetaliba offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($118K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -56.3% year-on-year.
Weetaliba is a quiet locality in New South Wales within the Warrumbungle Shire local government area (postcode 2395). With a population of 67, the suburb has an established demographic with a median age of 43. Households earn a median income of $32K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Weetaliba is $118,000, having dropped significantly 56.3% over the past year. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 bus stops. The crime rate in the Warrumbungle Shire LGA is moderate at 5,613 incidents per 100,000 population.
From an investment perspective, Weetaliba offers a gross rental yield of 6.6%, rated as high yield. Property prices sit below the state median ($118K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved -56.3% year-on-year.