Wallendbeen is a sparsely populated locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2588). It is home to about 299 residents, with a settled, mature resident base and a median age of 54. Households earn a median income of $74K per year, with an average household size of 2.3 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, professionals. Employment in the area leans toward agriculture and transport & logistics. The top ancestries reported are Australian, English, Scottish.
Wallendbeen has a median house price of $375,000, which has fallen sharply by 20.2% year-on-year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,042.
Public transport access includes 10 bus stops.
On the investment side, Gross rental yield sits at around 2.8% (low yield). Property prices sit below the state median ($375K/$1.5M), which can point to relative value. The price-to-income ratio of 5.1x is considered affordable. House prices have moved -20.2% year-on-year.