Wermatong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 51, the suburb has a mature demographic with a median age of 45. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, South African.
The median house price in Wermatong is $4.1 million, having surged 1618.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $2,362.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wermatong offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 45.4x is considered stretched. House prices have moved +1618.8% year-on-year.
Wermatong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 51, the suburb has a mature demographic with a median age of 45. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, South African.
The median house price in Wermatong is $4.1 million, having surged 1618.8% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.5%. The median monthly mortgage repayment is $2,362.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wermatong offers a gross rental yield of 0.5%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 45.4x is considered stretched. House prices have moved +1618.8% year-on-year.