Womboota is a quiet locality in New South Wales within the Murray River local government area (postcode 2731). With a population of 90, the suburb has an established demographic with a median age of 43. Households earn a median income of $60K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Womboota is $588,000, having dropped significantly 45.2% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,075.
Public transport access includes 3 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Womboota offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($588K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -45.2% year-on-year.
Womboota is a quiet locality in New South Wales within the Murray River local government area (postcode 2731). With a population of 90, the suburb has an established demographic with a median age of 43. Households earn a median income of $60K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Womboota is $588,000, having dropped significantly 45.2% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,075.
Public transport access includes 3 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Womboota offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($588K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -45.2% year-on-year.