Home Rule is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 55, the suburb has a mature demographic with a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Home Rule is $450,000, having surged 1400% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 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, Home Rule offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +1400.0% year-on-year.
Home Rule is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 55, the suburb has a mature demographic with a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, Aboriginal Australian, English.
The median house price in Home Rule is $450,000, having surged 1400% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $2,167.
Public transport access includes 4 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, Home Rule offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +1400.0% year-on-year.