Hargraves is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 300, the suburb has a mature demographic with a median age of 50. Households earn a median income of $45K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Hargraves is $385,000, having surged 20.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,083.
Hargraves is served by 1 school, including 1 primary. The average ICSEA score is 840, which is well below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Hargraves offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +20.3% year-on-year.
Hargraves is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 300, the suburb has a mature demographic with a median age of 50. Households earn a median income of $45K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Hargraves is $385,000, having surged 20.3% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $1,083.
Hargraves is served by 1 school, including 1 primary. The average ICSEA score is 840, which is well below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Hargraves offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($385K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +20.3% year-on-year.