Wollumboola is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 28, the suburb has a mature demographic with a median age of 53. Households earn a median income of $98K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, German.
The median house price in Wollumboola is $98,000, having dropped significantly 95.2% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 31.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 5 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Wollumboola offers a gross rental yield of 31.8%, rated as high yield. Property prices sit below the state median ($98K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.0x is considered affordable. House prices have moved -95.2% year-on-year.
Wollumboola is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 28, the suburb has a mature demographic with a median age of 53. Households earn a median income of $98K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals. The top ancestries reported are English, Australian, German.
The median house price in Wollumboola is $98,000, having dropped significantly 95.2% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 31.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 5 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Wollumboola offers a gross rental yield of 31.8%, rated as high yield. Property prices sit below the state median ($98K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.0x is considered affordable. House prices have moved -95.2% year-on-year.