Fords Bridge is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 30, the suburb has a mature demographic with a median age of 52. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Fords Bridge is $5.1 million, having surged 252900% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,500.
The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Fords Bridge offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 51.9x is considered stretched. House prices have moved +252900.0% year-on-year.
Fords Bridge is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 30, the suburb has a mature demographic with a median age of 52. Households earn a median income of $98K per year, with an average household size of 2.3 people. The most common occupations are managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Fords Bridge is $5.1 million, having surged 252900% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $2,500.
The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Fords Bridge offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($5.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 51.9x is considered stretched. House prices have moved +252900.0% year-on-year.