Fargunyah is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 22, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $59K per year, with an average household size of 3.7 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Fargunyah is $1.9 million, having surged 49.2% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $1,990.
Public transport access includes 2 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Fargunyah offers a gross rental yield of 0.8%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 32.8x is considered stretched. House prices have moved +49.2% year-on-year.
Fargunyah is a quiet locality in New South Wales within the Lockhart local government area (postcode 2656). With a population of 22, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $59K per year, with an average household size of 3.7 people. The top ancestries reported are Australian, English, Scottish.
The median house price in Fargunyah is $1.9 million, having surged 49.2% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $1,990.
Public transport access includes 2 bus stops. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Fargunyah offers a gross rental yield of 0.8%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 32.8x is considered stretched. House prices have moved +49.2% year-on-year.