Welby is a small community in New South Wales within the Wingecarribee local government area (postcode 2575). With a population of 764, the suburb has an established demographic with a median age of 42. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Welby is $825,000, having dropped significantly 11.2% over the past year. Units have a median price of $925,000 (+59.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Public transport access includes 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Welby offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($825K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.7x is considered stretched. House prices have moved -11.2% year-on-year.
Welby is a small community in New South Wales within the Wingecarribee local government area (postcode 2575). With a population of 764, the suburb has an established demographic with a median age of 42. Households earn a median income of $71K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Welby is $825,000, having dropped significantly 11.2% over the past year. Units have a median price of $925,000 (+59.5% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Public transport access includes 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Welby offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($825K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.7x is considered stretched. House prices have moved -11.2% year-on-year.