Lockhart is a small community in New South Wales within the Lockhart local government area (postcode 2656). With a population of 1,019, the suburb has a mature demographic with a median age of 51. Households earn a median income of $58K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Lockhart is $349,000, having declined 3.8% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $867.
Lockhart is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 40 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Lockhart offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($349K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -3.8% year-on-year.
Lockhart is a small community in New South Wales within the Lockhart local government area (postcode 2656). With a population of 1,019, the suburb has a mature demographic with a median age of 51. Households earn a median income of $58K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Lockhart is $349,000, having declined 3.8% over the past year. The current median weekly rent is $312. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $867.
Lockhart is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 40 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Lockhart LGA is below average at 2,879 incidents per 100,000 population.
From an investment perspective, Lockhart offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($349K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered moderate. House prices have moved -3.8% year-on-year.