Fernmount is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 444, the suburb has a mature demographic with a median age of 46. Households earn a median income of $93K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fernmount is $1.0 million, having dropped significantly 12.4% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,833.
Public transport access includes 7 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Fernmount offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved -12.4% year-on-year.
Fernmount is a quiet locality in New South Wales within the Bellingen local government area (postcode 2454). With a population of 444, the suburb has a mature demographic with a median age of 46. Households earn a median income of $93K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Fernmount is $1.0 million, having dropped significantly 12.4% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,833.
Public transport access includes 7 bus stops. The crime rate in the Bellingen LGA is below average at 3,592 incidents per 100,000 population.
From an investment perspective, Fernmount offers a gross rental yield of 2.5%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved -12.4% year-on-year.