Wooyung is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 139, the suburb has a mature demographic with a median age of 49. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wooyung is $700,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 3 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Wooyung offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.3x is considered stretched. House prices have moved -40.4% year-on-year.
Wooyung is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 139, the suburb has a mature demographic with a median age of 49. Households earn a median income of $57K per year, with an average household size of 2.5 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Wooyung is $700,000, having dropped significantly 40.4% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 3 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Wooyung offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($700K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.3x is considered stretched. House prices have moved -40.4% year-on-year.