Wollun is a quiet locality in New South Wales within the Uralla local government area (postcode 2354). With a population of 44, the suburb has a mature demographic with a median age of 46. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Wollun is $400,000, having dropped significantly 86.4% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Uralla LGA is below average at 2,592 incidents per 100,000 population.
From an investment perspective, Wollun offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -86.4% year-on-year.
Wollun is a quiet locality in New South Wales within the Uralla local government area (postcode 2354). With a population of 44, the suburb has a mature demographic with a median age of 46. Households earn a median income of $72K per year, with an average household size of 2.3 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Wollun is $400,000, having dropped significantly 86.4% over the past year. The current median weekly rent is $475. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Uralla LGA is below average at 2,592 incidents per 100,000 population.
From an investment perspective, Wollun offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -86.4% year-on-year.