Windeyer (postcode 2850) is a quiet locality in New South Wales within the Mid-Western Regional local government area. It is home to about 187 residents, with a settled, mature resident base and a median age of 54. Households earn a median income of $44K per year, with an average household size of 2.1 people. 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 technicians & trades, labourers, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Median house prices in Windeyer stand at $465,000, having surged by 26.5% over the last twelve months. The current median weekly rent is $590. This gives a gross rental yield of approximately 6.6%. The median monthly mortgage repayment is $1,300.
Public transport access includes 19 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 6.6% (high yield). Property prices sit below the state median ($465K/$1.5M), which can point to relative value. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +26.5% year-on-year.