Far Meadow is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 209, the suburb has an older demographic with a median age of 60. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Far Meadow is $2.4 million, having dropped significantly 33.7% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,950.
Public transport access includes 6 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Far Meadow offers a gross rental yield of 1.7%, 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 23.9x is considered stretched. House prices have moved -33.7% year-on-year.
Far Meadow is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2535). With a population of 209, the suburb has an older demographic with a median age of 60. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Far Meadow is $2.4 million, having dropped significantly 33.7% over the past year. The current median weekly rent is $780. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,950.
Public transport access includes 6 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Far Meadow offers a gross rental yield of 1.7%, 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 23.9x is considered stretched. House prices have moved -33.7% year-on-year.