Wollar is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 52, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, managers, professionals. The top ancestries reported are English, Irish, Scottish.
The median house price in Wollar is $680,000, having surged 655.6% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.7%.
Public transport access includes 7 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Wollar offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +655.6% year-on-year.
Wollar is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 52, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are machinery operators & drivers, managers, professionals. The top ancestries reported are English, Irish, Scottish.
The median house price in Wollar is $680,000, having surged 655.6% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 4.7%.
Public transport access includes 7 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Wollar offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +655.6% year-on-year.