Hay South is a quiet locality in New South Wales within the Hay local government area (postcode 2711). With a population of 357, the suburb has a mature demographic with a median age of 52. Households earn a median income of $73K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Hay South is $349,000, having surged 232.4% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,046.
Public transport access includes 4 bus stops. The crime rate in the Hay LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hay South offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($349K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +232.4% year-on-year.
Hay South is a quiet locality in New South Wales within the Hay local government area (postcode 2711). With a population of 357, the suburb has a mature demographic with a median age of 52. Households earn a median income of $73K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Hay South is $349,000, having surged 232.4% over the past year. The current median weekly rent is $275. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,046.
Public transport access includes 4 bus stops. The crime rate in the Hay LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hay South offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($349K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +232.4% year-on-year.