Erudgere is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 108, the suburb has an established demographic with a median age of 38. Households earn a median income of $145K per year, with an average household size of 3.3 people. The most common occupations are community & personal service, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Erudgere is $1.4 million, having surged 16.7% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,930.
Public transport access includes 10 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Erudgere offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +16.7% year-on-year.
Erudgere is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 108, the suburb has an established demographic with a median age of 38. Households earn a median income of $145K per year, with an average household size of 3.3 people. The most common occupations are community & personal service, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Erudgere is $1.4 million, having surged 16.7% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,930.
Public transport access includes 10 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Erudgere offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +16.7% year-on-year.