Wolgan Valley is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 71, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $260K per year, with an average household size of 3.2 people. The most common occupations are community & personal service, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wolgan Valley is $449,000, having surged 19.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $2,059.
The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Wolgan Valley offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($449K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved +19.7% year-on-year.
Wolgan Valley is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 71, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $260K per year, with an average household size of 3.2 people. The most common occupations are community & personal service, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wolgan Valley is $449,000, having surged 19.7% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $2,059.
The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Wolgan Valley offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($449K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.7x is considered affordable. House prices have moved +19.7% year-on-year.