Big Hill is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2579). With a population of 78, the suburb has a mature demographic with a median age of 53. Households earn a median income of $121K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Big Hill is $1.4 million, having surged 221.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,777.
The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Big Hill offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +221.8% year-on-year.
Big Hill is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2579). With a population of 78, the suburb has a mature demographic with a median age of 53. Households earn a median income of $121K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Big Hill is $1.4 million, having surged 221.8% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,777.
The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Big Hill offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +221.8% year-on-year.