Werai is a sparsely populated locality in New South Wales within the Wingecarribee local government area (postcode 2577). It is home to about 98 residents, with a more retirement-aged population and a median age of 61. Households earn a median income of $101K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Werai has a median house price of $1.5 million, which has eased back by 2.3% year-on-year. The current median weekly rent is $690. This gives a gross rental yield of approximately 2.4%. 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 1,470 incidents per 100,000 population.
Looking at the investment signals, Werai shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 14.9x is considered stretched. House prices have moved -2.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.