Mount Frome is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 120, the suburb has an established demographic with a median age of 39. Households earn a median income of $125K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Frome is $1.6 million, having dropped significantly 36.4% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,200.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mount Frome offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved -36.4% year-on-year.
Mount Frome is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 120, the suburb has an established demographic with a median age of 39. Households earn a median income of $125K per year, with an average household size of 2.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Frome is $1.6 million, having dropped significantly 36.4% over the past year. The current median weekly rent is $615. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,200.
The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mount Frome offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved -36.4% year-on-year.