Wyneden is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 42, the suburb has a mature demographic with a median age of 54. Households earn a median income of $55K per year, with an average household size of 2 people. The most common occupations are labourers, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wyneden is $934,000, having dropped significantly 74.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,408.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Wyneden offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($934K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.9x is considered stretched. House prices have moved -74.7% year-on-year.
Wyneden is a quiet locality in New South Wales within the Kyogle local government area (postcode 2474). With a population of 42, the suburb has a mature demographic with a median age of 54. Households earn a median income of $55K per year, with an average household size of 2 people. The most common occupations are labourers, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wyneden is $934,000, having dropped significantly 74.7% over the past year. The current median weekly rent is $925. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,408.
Public transport access includes 5 bus stops. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Wyneden offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($934K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.9x is considered stretched. House prices have moved -74.7% year-on-year.