Fairholme is a quiet locality in New South Wales within the Lachlan local government area (postcode 2871). With a population of 43, the suburb has an established demographic with a median age of 38. Households earn a median income of $71K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals. The top ancestries reported are English, Irish, Australian.
The median house price in Fairholme is $2.8 million, having surged 62% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $195.
Public transport access includes 7 bus stops. The crime rate in the Lachlan LGA is moderate at 6,331 incidents per 100,000 population.
From an investment perspective, Fairholme offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 38.5x is considered stretched. House prices have moved +62.0% year-on-year.
Fairholme is a quiet locality in New South Wales within the Lachlan local government area (postcode 2871). With a population of 43, the suburb has an established demographic with a median age of 38. Households earn a median income of $71K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals. The top ancestries reported are English, Irish, Australian.
The median house price in Fairholme is $2.8 million, having surged 62% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $195.
Public transport access includes 7 bus stops. The crime rate in the Lachlan LGA is moderate at 6,331 incidents per 100,000 population.
From an investment perspective, Fairholme offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 38.5x is considered stretched. House prices have moved +62.0% year-on-year.