Winmalee is a mid-sized suburb in New South Wales within the Blue Mountains local government area (postcode 2777). With a population of 6,388, the suburb has an established demographic with a median age of 40. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Winmalee is $1.0 million, having grown strongly 6.9% over the past year. Units have a median price of $840,000 (-0.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,167.
Winmalee is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1042, which is around the national average of 1,000. Public transport access includes 43 bus stops. The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Winmalee offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +6.9% year-on-year.
Winmalee is a mid-sized suburb in New South Wales within the Blue Mountains local government area (postcode 2777). With a population of 6,388, the suburb has an established demographic with a median age of 40. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Winmalee is $1.0 million, having grown strongly 6.9% over the past year. Units have a median price of $840,000 (-0.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,167.
Winmalee is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1042, which is around the national average of 1,000. Public transport access includes 43 bus stops. The crime rate in the Blue Mountains LGA is low at 1,829 incidents per 100,000 population.
From an investment perspective, Winmalee offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +6.9% year-on-year.