Wiangaree (postcode 2474) is a small, quiet locality in New South Wales within the Kyogle local government area. The area has roughly 161 residents and an older-leaning population, with a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 labourers, technicians & trades, machinery operators & drivers. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Irish.
Wiangaree has a median house price of $283,000, which has declined steeply by 27.6% year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $997.
Wiangaree is served by 1 school, including 1 primary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kyogle LGA is below average at 2,334 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 9.2% (high yield). Property prices sit below the state median ($283K/$1.5M), which can point to relative value. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -27.6% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.