Woomargama is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 173, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Woomargama is $799,000, having dipped slightly 2.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,200.
Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Woomargama offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($799K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -2.6% year-on-year.
Woomargama is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2644). With a population of 173, the suburb has an established demographic with a median age of 44. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Woomargama is $799,000, having dipped slightly 2.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,200.
Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Woomargama offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($799K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -2.6% year-on-year.