Hayes Gap is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 22, the suburb has a mature demographic with a median age of 54. Households earn a median income of $117K per year, with an average household size of 2 people. The top ancestries reported are English, Irish, Australian.
The median house price in Hayes Gap is $540,000, having dropped significantly 55% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,733.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Hayes Gap offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -55.0% year-on-year.
Hayes Gap is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 22, the suburb has a mature demographic with a median age of 54. Households earn a median income of $117K per year, with an average household size of 2 people. The top ancestries reported are English, Irish, Australian.
The median house price in Hayes Gap is $540,000, having dropped significantly 55% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,733.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Hayes Gap offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($540K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved -55.0% year-on-year.