Nagambie is a smaller suburb in Victoria within the Strathbogie local government area (postcode 3608). With a population of 2,254, the suburb has a mature demographic with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Nagambie is $630,000, having dipped slightly 2.3% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,487.
Nagambie is served by 2 schools, including 2 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Nagambie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($630K/$875K). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -2.3% year-on-year.
Nagambie is a smaller suburb in Victoria within the Strathbogie local government area (postcode 3608). With a population of 2,254, the suburb has a mature demographic with a median age of 51. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Nagambie is $630,000, having dipped slightly 2.3% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,487.
Nagambie is served by 2 schools, including 2 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Nagambie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($630K/$875K). The price-to-income ratio of 10.6x is considered stretched. House prices have moved -2.3% year-on-year.