Werris Creek is a small community in New South Wales within the Liverpool Plains local government area (postcode 2341). With a population of 1,478, the suburb has a mature demographic with a median age of 50. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are machinery operators & drivers, community & personal service, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Werris Creek is $277,000, having dropped significantly 23.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $906.
Werris Creek is served by 1 school, including 1 primary. The average ICSEA score is 836, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 51 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Werris Creek offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($277K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -23.1% year-on-year.
Werris Creek is a small community in New South Wales within the Liverpool Plains local government area (postcode 2341). With a population of 1,478, the suburb has a mature demographic with a median age of 50. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are machinery operators & drivers, community & personal service, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Werris Creek is $277,000, having dropped significantly 23.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $906.
Werris Creek is served by 1 school, including 1 primary. The average ICSEA score is 836, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 51 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Liverpool Plains LGA is below average at 3,911 incidents per 100,000 population.
From an investment perspective, Werris Creek offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($277K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -23.1% year-on-year.