Willawarrin is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 183, the suburb has a mature demographic with a median age of 50. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Willawarrin is $650,000, having increased 2.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $950.
Willawarrin is served by 1 school, including 1 primary. The average ICSEA score is 838, which is well below the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Willawarrin offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +2.5% year-on-year.
Willawarrin is a quiet locality in New South Wales within the Kempsey local government area (postcode 2440). With a population of 183, the suburb has a mature demographic with a median age of 50. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are community & personal service, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Willawarrin is $650,000, having increased 2.5% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $950.
Willawarrin is served by 1 school, including 1 primary. The average ICSEA score is 838, which is well below the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Kempsey LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Willawarrin offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +2.5% year-on-year.