Lerida is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 38, the suburb has a mature demographic with a median age of 47. Households earn a median income of $169K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lerida is $583,000, having dropped significantly 65.5% over the past year. The median weekly rent is $197 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Lerida offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($583K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -65.5% year-on-year.
Lerida is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 38, the suburb has a mature demographic with a median age of 47. Households earn a median income of $169K per year, with an average household size of 2.5 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lerida is $583,000, having dropped significantly 65.5% over the past year. The median weekly rent is $197 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,200.
Public transport access includes 4 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Lerida offers a gross rental yield of 1.8%, rated as low yield. Property prices sit below the state median ($583K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -65.5% year-on-year.