Hungerford is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 12, the suburb has a mature demographic with a median age of 45. Households earn a median income of $247K per year, with an average household size of 2 people. The top ancestries reported are Australian, English.
The median house price in Hungerford is $533,000, having dropped significantly 79.2% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.4%.
The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hungerford offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($533K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved -79.2% year-on-year.
Hungerford is a quiet locality in New South Wales within the Bourke local government area (postcode 2840). With a population of 12, the suburb has a mature demographic with a median age of 45. Households earn a median income of $247K per year, with an average household size of 2 people. The top ancestries reported are Australian, English.
The median house price in Hungerford is $533,000, having dropped significantly 79.2% over the past year. The current median weekly rent is $250. This gives a gross rental yield of approximately 2.4%.
The crime rate in the Bourke LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Hungerford offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($533K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved -79.2% year-on-year.