Merrygoen NSW Property Investment

Warrumbungle · 2831

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Median House Price

$255K

Rental Yield

7.1%

Vacancy Rate

N/A

Median Weekly Rent

$350/wk

Source: NSW Fair Trading, Residential Rental Bond Lodgements (Oct 2025 to Sep 2026). As of Sept 2026.

Median Unit Price

N/A

Population (Census 2021)

Merrygoen Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, New South Wales, whole state, 12 months to Aug 2026: 53,443. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole state, not just Merrygoen.

Suburb Metric Thresholds

2 green2 yellow4 red

Weekly Rent (house)

350 medium impact

Population growth 2016–21, postcode 2831 (ABS Census)

-0.78 high impact

Median Household Income

1528 medium impact

Public Transport Score

0 medium impact

School Zone Quality

No data medium impact

Distance to CBD

292.58 medium impact

SEIFA Advantage/Disadvantage

6 medium impact

Owner Occupier Rate

78.3 medium impact

Gross Rental Yield (%)

7.14 high impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2831

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population (suburb)

Education (IEO)

6/10

Econ. Resources (IER)

8/10

Crime & Safety

No official crime data for this area

Schools

In your catchment

Mendooran CS

PrimaryGovernment

No data

Mendooran CS

SecondaryGovernment

No data

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Nearby Suburbs

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.