Woombah is a small community in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 965, the suburb has an older demographic with a median age of 56. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woombah is $610,000, having dropped significantly 31.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 1 ferry wharf, 9 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Woombah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($610K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.3x is considered stretched. House prices have moved -31.5% year-on-year.
Woombah is a small community in New South Wales within the Clarence Valley local government area (postcode 2469). With a population of 965, the suburb has an older demographic with a median age of 56. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woombah is $610,000, having dropped significantly 31.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Public transport access includes 1 ferry wharf, 9 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Woombah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($610K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.3x is considered stretched. House prices have moved -31.5% year-on-year.