Grasmere is a smaller suburb in New South Wales within the Camden local government area (postcode 2570). With a population of 2,105, the suburb has an older demographic with a median age of 59. Households earn a median income of $86K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Grasmere is $2.5 million, having increased 2.6% over the past year. The current median weekly rent is $730. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,831.
Public transport access includes 10 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Grasmere offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.1x is considered stretched. House prices have moved +2.6% year-on-year.
Grasmere is a smaller suburb in New South Wales within the Camden local government area (postcode 2570). With a population of 2,105, the suburb has an older demographic with a median age of 59. Households earn a median income of $86K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Grasmere is $2.5 million, having increased 2.6% over the past year. The current median weekly rent is $730. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,831.
Public transport access includes 10 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Grasmere offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.1x is considered stretched. House prices have moved +2.6% year-on-year.