Good Hope is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 159, the suburb has an established demographic with a median age of 44. Households earn a median income of $99K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Good Hope is $800,000, having dropped significantly 16.7% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,266.
Public transport access includes 10 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Good Hope offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -16.7% year-on-year.
Good Hope is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 159, the suburb has an established demographic with a median age of 44. Households earn a median income of $99K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Good Hope is $800,000, having dropped significantly 16.7% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,266.
Public transport access includes 10 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Good Hope offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -16.7% year-on-year.