Mount Fairy is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2580). With a population of 244, the suburb has a mature demographic with a median age of 46. Households earn a median income of $121K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Fairy is $1.1 million, having dropped significantly 12.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mount Fairy offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -12.1% year-on-year.
Mount Fairy is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2580). With a population of 244, the suburb has a mature demographic with a median age of 46. Households earn a median income of $121K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Fairy is $1.1 million, having dropped significantly 12.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 7 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Mount Fairy offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -12.1% year-on-year.