Hereford Hall is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 23, the suburb has an older demographic with a median age of 63. Households earn a median income of $65K per year, with an average household size of 2.5 people. The top ancestries reported are English, Irish, Australian.
The median house price in Hereford Hall is $735,000, having surged 30.1% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $3,756.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Hereford Hall offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +30.1% year-on-year.
Hereford Hall is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 23, the suburb has an older demographic with a median age of 63. Households earn a median income of $65K per year, with an average household size of 2.5 people. The top ancestries reported are English, Irish, Australian.
The median house price in Hereford Hall is $735,000, having surged 30.1% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $3,756.
The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Hereford Hall offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +30.1% year-on-year.