Fordwich is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 90, the suburb has an established demographic with a median age of 40. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Fordwich is $650,000, having dropped significantly 92% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $4,300.
Public transport access includes 3 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Fordwich offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved -92.0% year-on-year.
Fordwich is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 90, the suburb has an established demographic with a median age of 40. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Fordwich is $650,000, having dropped significantly 92% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $4,300.
Public transport access includes 3 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Fordwich offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved -92.0% year-on-year.