Jemalong is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 82, the suburb has an established demographic with a median age of 43. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Jemalong is $4.7 million, having dropped significantly 94.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $303.
Public transport access includes 18 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Jemalong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 74.7x is considered stretched. House prices have moved -94.1% year-on-year.
Jemalong is a quiet locality in New South Wales within the Forbes local government area (postcode 2871). With a population of 82, the suburb has an established demographic with a median age of 43. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Jemalong is $4.7 million, having dropped significantly 94.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $303.
Public transport access includes 18 bus stops. The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Jemalong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 74.7x is considered stretched. House prices have moved -94.1% year-on-year.