Wherrol Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 329, the suburb has a mature demographic with a median age of 53. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wherrol Flat is $550,000, having dropped significantly 19.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,305.
Public transport access includes 13 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wherrol Flat offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -19.7% year-on-year.
Wherrol Flat is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 329, the suburb has a mature demographic with a median age of 53. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Wherrol Flat is $550,000, having dropped significantly 19.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,305.
Public transport access includes 13 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Wherrol Flat offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -19.7% year-on-year.