Gerogery is a small community in New South Wales within the Greater Hume Shire local government area (postcode 2642). With a population of 684, the suburb has an established demographic with a median age of 41. Households earn a median income of $95K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gerogery is $138,000, having dropped significantly 75% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 18.5%. The median monthly mortgage repayment is $1,625.
Gerogery is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 3 rail stations, 36 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Gerogery offers a gross rental yield of 18.5%, rated as high yield. Property prices sit below the state median ($138K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -75.0% year-on-year.
Gerogery is a small community in New South Wales within the Greater Hume Shire local government area (postcode 2642). With a population of 684, the suburb has an established demographic with a median age of 41. Households earn a median income of $95K per year, with an average household size of 2.9 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Gerogery is $138,000, having dropped significantly 75% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 18.5%. The median monthly mortgage repayment is $1,625.
Gerogery is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 3 rail stations, 36 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Gerogery offers a gross rental yield of 18.5%, rated as high yield. Property prices sit below the state median ($138K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -75.0% year-on-year.