Willala is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2382). With a population of 55, the suburb has a mature demographic with a median age of 45. Households earn a median income of $72K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Willala is $2.0 million, having dropped significantly 39.9% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $1,000.
Public transport access includes 8 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Willala offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.3x is considered stretched. House prices have moved -39.9% year-on-year.
Willala is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2382). With a population of 55, the suburb has a mature demographic with a median age of 45. Households earn a median income of $72K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Willala is $2.0 million, having dropped significantly 39.9% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $1,000.
Public transport access includes 8 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Willala offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 28.3x is considered stretched. House prices have moved -39.9% year-on-year.