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Suburb Insights · NSW 2350

Wards Mistake, NSW 2350 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Wards Mistake is a regional centre in New South Wales, Australia, with a population of approximately 27, making it a boutique locality. Located approximately 423 km from the Sydney CBD, Wards Mistake is a regional area in New South Wales. The median household income is $68,432 per year.

Investment Score

33 / 100 Weak

Household earnings in Wards Mistake are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Sydney
Wards Mistake
New South Wales · 2350
423 km from Sydney CBD
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Key Indicators

Postcode
2350

Official Australia Post postcode for Wards Mistake. A postcode may cover multiple suburbs.

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Population
27

Usual resident population at the most recent census.

Median weekly rent
N/A

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$68,432/yr

Annual median household income (before tax) across all households.

Distance to CBD
423 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
115% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Wards Mistake is a smaller community of 27 — about 1% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Wards Mistake's median household income of $68,432/year is 30% below the New South Wales suburb median ($97,552) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Wards Mistake is 423 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 115% of dwellings — 39 percentage points above the New South Wales median of 76% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Wards Mistake vs New South Wales Median

How Wards Mistake stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Wards Mistake sits above the state median; negative means below.

MetricWards MistakeNSW medianΔ vs state
Population275,325-99%
Median household income$68,432/yr$97,552/yr-30%
Distance to CBD423 km45 km+840%
Separate houses115%76%+39pp

Investor Checklist

Pre-inspection briefing for Wards Mistake — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 27 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

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Rental Yield

Median rental data was not captured for Wards Mistake. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

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Renovation / Flip

With 115% houses in a 27-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Wards Mistake property

Full Property Analysis

30-year projections for Wards Mistake

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Wards Mistake are modest for 2026 — incomes 30% below the NSW median of $97,552 and a population of 27 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Wards Mistake. The EquitySight investment score of 33/100 places Wards Mistake in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Wards Mistake a good suburb for investment?

Wards Mistake scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 27, median household income of $68,432/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Wards Mistake?

The main demand drivers in Wards Mistake are a median household income of $68,432/year, a dwelling mix that is 115% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Wards Mistake?

Wards Mistake has a usual resident population of approximately 27, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Wards Mistake from the Sydney CBD?

Wards Mistake sits 423 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Wards Mistake?

A reliable median rent was not captured for Wards Mistake. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Wards Mistake?

A reliable median mortgage figure was not captured for Wards Mistake. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Wards Mistake cash-flow positive for investors?

Census data was not complete enough in Wards Mistake to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Wards Mistake?

The main risks are a thin buyer pool (27 residents), interest-rate sensitivity, below-median household incomes ($68,432 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Wards Mistake profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources