Falconer is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 52, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.9 people. The top ancestries reported are Australian, English, Irish.
The median house price in Falconer is $2.4 million, having surged 275% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Falconer offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +275.0% year-on-year.
Falconer is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 52, the suburb has a mature demographic with a median age of 46. Households earn a median income of $107K per year, with an average household size of 2.9 people. The top ancestries reported are Australian, English, Irish.
The median house price in Falconer is $2.4 million, having surged 275% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $1,192.
Public transport access includes 5 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Falconer offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.4x is considered stretched. House prices have moved +275.0% year-on-year.