Wyangle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 54, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.8 people. The most common occupations are managers, sales, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wyangle is $1.4 million, having surged 53.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,000.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wyangle offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +53.1% year-on-year.
Wyangle is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 54, the suburb has an established demographic with a median age of 41. Households earn a median income of $114K per year, with an average household size of 2.8 people. The most common occupations are managers, sales, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wyangle is $1.4 million, having surged 53.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,000.
Public transport access includes 6 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Wyangle offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.0x is considered stretched. House prices have moved +53.1% year-on-year.