Lake Hume Village is a quiet locality in New South Wales within the Albury local government area (postcode 3691). With a population of 59, the suburb has an established demographic with a median age of 43. Households earn a median income of $60K per year, with an average household size of 1.7 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lake Hume Village is $355,000, having surged 52.7% over the past year. Units have a median price of $375,000 (-57.4% YoY). The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $589.
Public transport access includes 1 bus stop. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Lake Hume Village offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($355K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +52.7% year-on-year.
Lake Hume Village is a quiet locality in New South Wales within the Albury local government area (postcode 3691). With a population of 59, the suburb has an established demographic with a median age of 43. Households earn a median income of $60K per year, with an average household size of 1.7 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lake Hume Village is $355,000, having surged 52.7% over the past year. Units have a median price of $375,000 (-57.4% YoY). The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $589.
Public transport access includes 1 bus stop. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Lake Hume Village offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($355K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +52.7% year-on-year.