Chatsbury is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 86, the suburb has a mature demographic with a median age of 54. Households earn a median income of $93K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Chatsbury is $1.6 million, having dropped significantly 34.9% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,400.
Public transport access includes 3 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Chatsbury offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 16.9x is considered stretched. House prices have moved -34.9% year-on-year.
Chatsbury is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 86, the suburb has a mature demographic with a median age of 54. Households earn a median income of $93K per year, with an average household size of 2.3 people. The most common occupations are managers, clerical & administrative, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Chatsbury is $1.6 million, having dropped significantly 34.9% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,400.
Public transport access includes 3 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Chatsbury offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 16.9x is considered stretched. House prices have moved -34.9% year-on-year.