Wongwibinda is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 62, the suburb has an established demographic with a median age of 40. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Wongwibinda is $4.0 million, having dropped significantly 54% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $1,060.
Public transport access includes 4 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Wongwibinda offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 53.1x is considered stretched. House prices have moved -54.0% year-on-year.
Wongwibinda is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2350). With a population of 62, the suburb has an established demographic with a median age of 40. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Wongwibinda is $4.0 million, having dropped significantly 54% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $1,060.
Public transport access includes 4 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Wongwibinda offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 53.1x is considered stretched. House prices have moved -54.0% year-on-year.