Winifred is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 44, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $65K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Winifred is $420,000, having dropped significantly 36.4% over the past year. The median weekly rent is $260 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Winifred offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($420K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved -36.4% year-on-year.
Winifred is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 44, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $65K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Winifred is $420,000, having dropped significantly 36.4% over the past year. The median weekly rent is $260 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Winifred offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($420K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved -36.4% year-on-year.