Wyanbene is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 41, the suburb has an older demographic with a median age of 60. Households earn a median income of $32K per year, with an average household size of 1.9 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wyanbene is $780,000, having surged 41.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,083.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Wyanbene offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($780K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +41.8% year-on-year.
Wyanbene is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 41, the suburb has an older demographic with a median age of 60. Households earn a median income of $32K per year, with an average household size of 1.9 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Wyanbene is $780,000, having surged 41.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,083.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Wyanbene offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($780K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +41.8% year-on-year.