Hermidale is a quiet locality in New South Wales within the Bogan local government area (postcode 2831). With a population of 127, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.7 people. The most common occupations are managers, machinery operators & drivers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Hermidale is $765,000, having surged 91.2% over the past year. The median weekly rent is $700 (Census 2021). This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $477.
Hermidale is served by 1 school, including 1 primary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hermidale offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +91.2% year-on-year.
Hermidale is a quiet locality in New South Wales within the Bogan local government area (postcode 2831). With a population of 127, the suburb has an established demographic with a median age of 43. Households earn a median income of $81K per year, with an average household size of 2.7 people. The most common occupations are managers, machinery operators & drivers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Hermidale is $765,000, having surged 91.2% over the past year. The median weekly rent is $700 (Census 2021). This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $477.
Hermidale is served by 1 school, including 1 primary. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hermidale offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +91.2% year-on-year.