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Myola, NSW 2540

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,105,000

list-price estimate

Median Unit

$620,000

Gross Yield (houses)

3.5%

1yr Growth

-

Investment snapshot for Myola

Myola has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Myola market and investor summary

In Myola, NSW 2540, houses show a gross rental yield of 3.5%. At 2.6% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.5% is neither a standout cashflow play nor a pure growth bet.

Living in Myola: people, income and schools

Myola has a resident population of roughly 94, a number that has held fairly steady over five years. At a median age of 65, it reads as an older, established demographic, and families account for 65% of households.

The typical household income runs to around $51,000 a year (about $980 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 3 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
94
+4% over 5yr
Median age
65 years
Median household income
$51,000/yr
Households renting
22%
Family households
65%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
3
avg ICSEA 988
Unemployment
4.4%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Myola

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Frequently asked questions about Myola

What should I check before investing in Myola?

Myola has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Myola?

The median property price in Myola, NSW 2540 is $620K for units.

What rental yield does Myola show?

The gross rental yield in Myola is 3.5% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Myola?

The current vacancy rate in Myola is 2.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Myola?

Myola has a population of approximately 94 residents, with a median age of 65.

What schools are near Myola?

There are 3 schools within roughly 5km of Myola. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Myola's population growing?

The population of Myola has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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