Farringdon is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 21, the suburb has an older demographic with a median age of 64. Households earn a median income of $123K per year, with an average household size of 1.6 people. The most common occupations are managers, professionals. The top ancestries reported are English, Irish, Australian.
The median house price in Farringdon is $1.2 million, having surged 74.7% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,792.
Public transport access includes 2 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Farringdon offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.0x is considered stretched. House prices have moved +74.7% year-on-year.
Farringdon is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 21, the suburb has an older demographic with a median age of 64. Households earn a median income of $123K per year, with an average household size of 1.6 people. The most common occupations are managers, professionals. The top ancestries reported are English, Irish, Australian.
The median house price in Farringdon is $1.2 million, having surged 74.7% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,792.
Public transport access includes 2 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Farringdon offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.0x is considered stretched. House prices have moved +74.7% year-on-year.