West Wyalong is a smaller suburb in New South Wales within the Bland local government area (postcode 2671). With a population of 3,037, the suburb has an established demographic with a median age of 42. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in West Wyalong is $365,000, having declined 6.4% over the past year. Units have a median price of $300,000 (-28.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,253.
West Wyalong is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 972, which is around the national average of 1,000. Public transport access includes 6 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, West Wyalong offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($365K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -6.4% year-on-year.
West Wyalong is a smaller suburb in New South Wales within the Bland local government area (postcode 2671). With a population of 3,037, the suburb has an established demographic with a median age of 42. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in West Wyalong is $365,000, having declined 6.4% over the past year. Units have a median price of $300,000 (-28.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,253.
West Wyalong is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 972, which is around the national average of 1,000. Public transport access includes 6 rail stations, 79 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, West Wyalong offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($365K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -6.4% year-on-year.