Wyanbene (postcode 2622) is a small, quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. The area has roughly 41 residents and a more retirement-aged population, with a median age of 60. Households earn a median income of $32K per year, with an average household size of 1.9 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
Wyanbene has a median house price of $780,000, which has surged by 25.8% year-on-year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,083.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Wyanbene shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices sit below the state median ($780K/$1.5M), which can point to relative value. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +25.8% year-on-year.