Werai is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 98, the suburb has an older demographic with a median age of 61. Households earn a median income of $101K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Werai is $4.9 million, having surged 85.7% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Werai offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($4.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.6x is considered stretched. House prices have moved +85.7% year-on-year.
Werai is a quiet locality in New South Wales within the Wingecarribee local government area (postcode 2577). With a population of 98, the suburb has an older demographic with a median age of 61. Households earn a median income of $101K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Werai is $4.9 million, having surged 85.7% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Werai offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($4.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 48.6x is considered stretched. House prices have moved +85.7% year-on-year.