NSW2388· Pop. 2,034Coonamble

Wee Waa

EstablishedSteady performer with reliable demand and moderate capital growth
64StrongInvestor score
Weak020Soft2140Balanced4160Strong6180Standout81100

Above-average investor fundamentals

Beats 77% of NSW suburbs

#1,185 of 5,231 in NSW · #2,949 of 17,753 nationally

Liveability score

33/ 100

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$324,000

NSW VG · 2026

Rent yield

Real

6.1%

computed from govt data

Annual growth

Real

annualised from govt data

Vacancy rate

Est.

1.8%

modelled estimate

🏢 Units / apartments: $185,000 median · NSW VG · 2019 · postcode 2388 — the median above is for houses.

Investment checklist

The parameters investors screen on, checked against Wee Waa.

7 of 14

checks passed

Cash flow

3/4

Growth drivers

1/3

Supply & demand

1/2

Risk

1/1

Location quality

1/4

15 parameters · 14 with data for Wee Waa · 10 of those from government sources · 1 not published

Gross rental yieldREAL

Annual rent as a share of price — the headline cash-flow measure, before costs.

6.10%

3.5% or higher

Vacancy rateEST.

Under 2% is a landlord's market; above 3% means falling rents and letting-up periods.

1.8%

under 2%

New-supply pipelineREAL

New dwellings approved as a share of existing stock. The most reliable growth killer — lots of cranes caps prices.

0.1%

under 2% of stock

Net yield (after costs)EST.

Gross yield minus rates, insurance, management and maintenance — typically 1.5–2 points lower.

3.58%

2.5% or higher

Rental demandEST.

Composite of tenant competition — how quickly a vacancy is likely to fill.

44/100

60 or higher

Annual price growthREAL

Most long-run return comes from growth compounding on the whole asset, not your deposit.

4% or higher

5-year growth (p.a.)REAL

Medium-run trend — less noisy than a single year.

11.3%

4% or higher

10-year growth (p.a.)REAL

Whether the market has compounded through a full cycle, not just a boom.

4.9%

5% or higher

Population growthEST.

Demand growth — but it only lifts prices where supply can't easily respond.

0.8%

1% or higher

Owner-occupier shareREAL

Owner-heavy streets hold up in downturns; investor-heavy ones see correlated selling.

61.1%

65% or higher

Safety indexREAL

Tenant demand and owner-occupier appeal both track perceived safety.

88/100

60 or higher

School quality (ICSEA)REAL

Catchment strength is the most durable driver of family-buyer demand.

843

1000 or higher

Transit accessREAL

Commute access widens the tenant pool and supports rents.

3/100

40 or higher

WalkabilityREAL

Amenity within walking distance is consistently capitalised into price.

32/100

40 or higher

UnemploymentREAL

Local income security underwrites both rent payment and buyer depth.

3.5%

under 4%

12 more checks on Wee Waa

Every parameter with its value, the threshold it's judged against, and why it matters — on all 17,958 suburbs.

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What each parameter means

Verify these yourself

No dataset covers everything. These matter to the decision and we don't hold them — here's where to look.

  • Days on market

    How fast stock clears is a leading indicator — it moves before prices do. We have no free suburb-level source for it.

    Count active listings on realestate.com.au or Domain and check their listing dates, or ask two local agents.

  • Auction clearance

    Buyer competition at the margin. Only meaningful where auctions are actually common — in outer and regional suburbs most sales are private treaty, so a clearance rate says little.

    Your state's Real Estate Institute publishes weekly clearance rates by region.

  • Flood risk

    Drives insurance cost and, increasingly, insurability — which caps the resale pool. No free national dataset exists at suburb level; it is mapped council by council.

    Search your council's flood overlay or planning portal for the specific address — risk varies street by street, so a suburb-wide rating would mislead even if we had one.

  • Bushfire risk

    Same insurance exposure, plus rebuild-standard costs inside designated zones.

    Check your state's designated bushfire-prone area mapping — NSW Planning Portal, VIC's BPA layer on VicPlan, Queensland Globe, or WA's Map Viewer Plus.

  • Strata and body corporate costs

    For units this can swallow a third of gross rent, and a special levy can arrive without warning.

    Ask for the strata report and the last two years of minutes before you offer.

  • What the street is actually like

    Suburb medians average over streets that trade very differently — a main road, a flight path or a commission block will not show up in any of the figures above.

    Walk it at night and on a weekday morning. Nothing on this page substitutes for that.

AI insights for Wee Waa

Investment analysis, risks & comparisons

PREMIUM

Wee Waa shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

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Median price sourced from NSW VG · 2026 — real government transaction data (25 sales). Growth, demand and vacancy figures remain modelled estimates.

Median rent · houses

Real

$380/wk

NSW Fair Trading · 2026-07 · 2mo · weekly

Demand change

+4.0%

annual shift

Yield × growth index

combined signal

Net yield (est.)

3.58%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+11.3%

est. compound, long-run avg

10-yr growth (CAGR)

+4.9%

est. compound, long-run avg

Rental demand

44 / 100

Moderate demand

Supply pipeline

Real

0.1%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

Dwellings built (NSW)

Real

44,804

completed in year to Mar-2026 · ABS 8752.0 (state)

1.4% vs prior year · 51,714 started

Price & rent growth

How Wee Waa has moved — and whether rent has kept pace with price

Median price+4.5%

2025 – 2026

2025
$310k
2026
$324k

No house rent history here yet.

Price from government sales (annual), rent from bond lodgements (monthly or quarterly, depending on the state). Periods with too few sales to form a median are excluded.

Source: NSW VG · 2026 · all sources

Market overview

Wee Waa is a NSW suburb offering high rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Strong rental yield of 6.1%
  • Tight new-supply pipeline (0.1% of stock) — limited new competition supports prices
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,292/wk

$43k taxable p.a.

Renters

29.7%

61.1% owner-occupier

Median age

40.0 yrs

Unemployment

3.5%

ABS SALM (SA2)

Population growth

+0.8% p.a.

Projected growth

+0.1% p.a.

state gov forecast

Socio-economic

3/10

SEIFA IRSAD decile · ABS

Investor-owned

8.0%

of all dwellings (ATO)

Houses

91%

0% apartments

Degree qualified

16.4%

bachelor's or higher (ABS)

Work from home

10.5%

of employed residents (ABS Census)

Median lot size

950 m²

Large block

Household size

2.8 persons

avg per dwelling (ABS Census)

Short-term rental

2.6%

Mostly long-term tenants

Market activity

Distance to CBD

435.4 km

Regional

Walkability

32 / 100

Some errands walkable

Coastal proximity

382.8 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

120/km²

Low density

Schools in postcode 2388

🏫3 Primary🎓1 Secondary📚1 Combined
ACARA 2025

🏫Primary (3)

St Joseph's Primary School

Catholic · Yrs K-6 · Outer Regional

ICSEA 961(29%)
118 students12:1 student–teacher48% girls11% top SEA quarter

Pilliga Public School

Government · Yrs K-6 · Remote

ICSEA 747(2%)
18 students11:1 student–teacher50% girls

Wee Waa Public School

Government · Yrs K-6 · Outer Regional

ICSEA 720(2%)
79 students11:1 student–teacher52% girls1% top SEA quarter

🎓Secondary (1)

Wee Waa High School

Government · Yrs 7-12 · Outer Regional

ICSEA 853(5%)
181 students7:1 student–teacher49% girls1% top SEA quarter

📚Combined (1)

Namoi Valley Christian School

Independent · Yrs K-10 · Outer Regional

ICSEA 936(20%)
128 students10:1 student–teacher39% girls13% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
88/ 100

1.4 offences / 100 persons

Source: NSW BOCSAR · 2024-25

School quality

Disadvantaged
843ICSEA · national avg 1000

5 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
3/ 100
🚆 0 train🚌 2 bus

Source: State GTFS feeds

Gentrification signal

23

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Live suburb intelligence

Fetching live data…

Location

Properties in Wee Waa

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Common questions about Wee Waa

What is the median house price in Wee Waa?

The median house price in Wee Waa, NSW 2388 is $324,000 (2026), sourced from the NSW Valuer-General.

What is the average rent in Wee Waa?

The median rent in Wee Waa, NSW 2388 is $290 per week, from state bond-lodgement data. That works out to a gross rental yield of about 6.1%.

Is Wee Waa a good investment?

Wee Waa, NSW 2388 scores moderately against our investment checklist, at 64 out of 100, with a gross yield of about 6.1%, a median around $324,000. Yield and growth figures are modelled estimates, so use them to compare suburbs rather than as a forecast. The full checklist on this page breaks the score into cash flow, growth, supply and risk.

Is Wee Waa a safe suburb?

Wee Waa scores 88 out of 100 for safety, which is well above the national average. The score is built from state police offence data for this area, not resident sentiment.

What are the schools like in Wee Waa?

Wee Waa has 5 schools in or near the suburb, with an average ICSEA of 843 — below the Australian average of 1000. ICSEA is ACARA's index of educational advantage.

How far is Wee Waa from the city, and what is transport like?

Wee Waa is about 435 km from the CBD, with a public-transport score of 3 out of 100, calculated from actual train, tram and bus stops nearby, with a Walk Score of 32.

Answers are generated from the data on this page. Figures marked as estimates are modelled, not recorded transactions.

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