Fernances is a quiet locality in New South Wales within the Hawkesbury local government area (postcode 2775). With a population of 7, the suburb has an older demographic with a median age of 62. Households earn a median income of $47K per year, with an average household size of 1.4 people. The top ancestries reported are Australian, Scottish, English.
The median house price in Fernances is $73,000, having dropped significantly 70.4% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 30.1%. The median monthly mortgage repayment is $867.
The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Fernances offers a gross rental yield of 30.1%, rated as high yield. Property prices sit below the state median ($73K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -70.4% year-on-year.
Fernances is a quiet locality in New South Wales within the Hawkesbury local government area (postcode 2775). With a population of 7, the suburb has an older demographic with a median age of 62. Households earn a median income of $47K per year, with an average household size of 1.4 people. The top ancestries reported are Australian, Scottish, English.
The median house price in Fernances is $73,000, having dropped significantly 70.4% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 30.1%. The median monthly mortgage repayment is $867.
The crime rate in the Hawkesbury LGA is below average at 2,661 incidents per 100,000 population.
From an investment perspective, Fernances offers a gross rental yield of 30.1%, rated as high yield. Property prices sit below the state median ($73K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -70.4% year-on-year.