Wingello is a small community in New South Wales within the Wingecarribee local government area (postcode 2579). With a population of 647, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Wingello is $840,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,980.
Wingello is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 3 rail stations, 1 bus stop. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Wingello offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -11.8% year-on-year.
Wingello is a small community in New South Wales within the Wingecarribee local government area (postcode 2579). With a population of 647, the suburb has an established demographic with a median age of 43. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Wingello is $840,000, having dropped significantly 11.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,980.
Wingello is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 3 rail stations, 1 bus stop. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Wingello offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($840K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -11.8% year-on-year.