Wombeyan Caves is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 53, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2 people. The most common occupations are professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wombeyan Caves is $385,000, having surged 11.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,197.
The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Wombeyan Caves offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +11.6% year-on-year.
Wombeyan Caves is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 53, the suburb has an older demographic with a median age of 55. Households earn a median income of $47K per year, with an average household size of 2 people. The most common occupations are professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wombeyan Caves is $385,000, having surged 11.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,197.
The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Wombeyan Caves offers a gross rental yield of 6.8%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +11.6% year-on-year.