Burcher is a quiet locality in New South Wales within the Lachlan local government area (postcode 2671). With a population of 82, the suburb has a mature demographic with a median age of 46. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Burcher is $100,000, having surged 48.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 26.0%. The median monthly mortgage repayment is $964.
Public transport access includes 6 bus stops. The crime rate in the Lachlan LGA is moderate at 6,331 incidents per 100,000 population.
From an investment perspective, Burcher offers a gross rental yield of 26.0%, rated as high yield. Property prices sit below the state median ($100K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved +48.8% year-on-year.
Burcher is a quiet locality in New South Wales within the Lachlan local government area (postcode 2671). With a population of 82, the suburb has a mature demographic with a median age of 46. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are managers, clerical & administrative, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Burcher is $100,000, having surged 48.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 26.0%. The median monthly mortgage repayment is $964.
Public transport access includes 6 bus stops. The crime rate in the Lachlan LGA is moderate at 6,331 incidents per 100,000 population.
From an investment perspective, Burcher offers a gross rental yield of 26.0%, rated as high yield. Property prices sit below the state median ($100K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved +48.8% year-on-year.