Harefield is a sparsely populated locality in New South Wales within the Junee local government area (postcode 2650). The area has roughly 165 residents and a mix of families and early-career residents, with a median age of 34. Households earn a median income of $158K per year, with an average household size of 3.3 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -0.8% year-on-year at the LGA level. 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 agriculture and manufacturing. The top ancestries reported are Australian, English, Scottish.
Median house prices in Harefield sit at $560,000, little changed on a year ago. The current median weekly rent is $540. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $2,770.
Public transport access includes 1 rail station, 8 bus stops. The crime rate in the Junee LGA is below average at 2,561 incidents per 100,000 population.
From an investment perspective, Harefield shows a gross rental yield of approximately 5.0%, rated as high yield. Property prices sit below the state median ($560K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of -0.8% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.