Located in New South Wales within the Greater Hume Shire local government area, Gerogery is a close-knit residential community (postcode 2642). The area has roughly 684 residents and an established family 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. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Gerogery stand at $915,000, having dipped slightly by 1.3% over the last twelve months. The current median weekly rent is $420. This gives a gross rental yield of approximately 2.4%. 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 2,298 incidents per 100,000 population.
On the investment side, Gerogery shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices sit below the state median ($915K/$1.5M), which can point to relative value. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -1.3% year-on-year.