Wellington Vale NSW

Postcode 2371 · Glen Innes Severn LGA

Wellington Vale is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2371). With a population of 27, the suburb has a mature demographic with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.6 people. The top ancestries reported are Australian, Scottish, English.

The median house price in Wellington Vale is $1.9 million, having surged 31.4% over the past year. The median monthly mortgage repayment is $4,351.

Public transport access includes 2 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.

From an investment perspective, Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 32.5x is considered stretched. House prices have moved +31.4% year-on-year.

INVESTMENT SIGNALS
Price vs State$1.9M/$1.5M Near Median
Affordability32.5x Stretched
Price Momentum+31.4% Rising
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic9/10
Disadvantage10/10
MEDIAN HOUSE
$1.9M
31.4% YoY
MEDIAN RENT /WK
POPULATION
27
DEMOGRAPHICS
Median Age51
Household Size2.6
HH Income /wk$1,125
Personal Income /wk$575
Mortgage /mth$4,351
CRIME (Glen Innes Severn LGA)
Crime Rate (per 100k)4,723
Total Incidents424
TRANSPORT
Bus Stops2
Data: 2022