Wylies Flat is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 50, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wylies Flat is $1.5 million, having surged 80.7% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Wylies Flat offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +80.7% year-on-year.
Wylies Flat is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 50, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 2.4 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wylies Flat is $1.5 million, having surged 80.7% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 3 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Wylies Flat offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 15.4x is considered stretched. House prices have moved +80.7% year-on-year.