Wongo Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 47, the suburb has an older demographic with a median age of 57. Households earn a median income of $84K per year, with an average household size of 2 people. The most common occupations are labourers, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wongo Creek is $1.9 million, having surged 381.2% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,000.
Public transport access includes 3 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Wongo Creek offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 22.8x is considered stretched. House prices have moved +381.2% year-on-year.
Wongo Creek is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2346). With a population of 47, the suburb has an older demographic with a median age of 57. Households earn a median income of $84K per year, with an average household size of 2 people. The most common occupations are labourers, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wongo Creek is $1.9 million, having surged 381.2% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,000.
Public transport access includes 3 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Wongo Creek offers a gross rental yield of 1.0%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 22.8x is considered stretched. House prices have moved +381.2% year-on-year.