Wondalga is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 85, the suburb has a mature demographic with a median age of 49. Households earn a median income of $89K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wondalga is $899,000, having declined 5.9% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,810.
Public transport access includes 13 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wondalga offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($899K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved -5.9% year-on-year.
Wondalga is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 85, the suburb has a mature demographic with a median age of 49. Households earn a median income of $89K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wondalga is $899,000, having declined 5.9% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,810.
Public transport access includes 13 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wondalga offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($899K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.1x is considered stretched. House prices have moved -5.9% year-on-year.