Woodenbong is a quiet locality in New South Wales within the Kyogle local government area (postcode 2476). With a population of 390, the suburb has an older demographic with a median age of 55. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Woodenbong is $353,000, having risen modestly 1.4% over the past year. The current median weekly rent is $200. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $997.
Woodenbong is served by 1 school, including 1 combined. The average ICSEA score is 848, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Woodenbong offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($353K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +1.4% year-on-year.
Woodenbong is a quiet locality in New South Wales within the Kyogle local government area (postcode 2476). With a population of 390, the suburb has an older demographic with a median age of 55. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Woodenbong is $353,000, having risen modestly 1.4% over the past year. The current median weekly rent is $200. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $997.
Woodenbong is served by 1 school, including 1 combined. The average ICSEA score is 848, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Woodenbong offers a gross rental yield of 3.0%, rated as low yield. Property prices sit below the state median ($353K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +1.4% year-on-year.