Mulguthrie is a quiet locality in New South Wales within the Forbes local government area (postcode 2877). With a population of 19, the suburb has a young demographic with a median age of 24. Households earn a median income of $85K per year, with an average household size of 3.2 people. The top ancestries reported are Australian, Maltese.
The median house price in Mulguthrie is $885,000, having dropped significantly 27.7% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 2.1%.
The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Mulguthrie offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($885K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -27.7% year-on-year.
Mulguthrie is a quiet locality in New South Wales within the Forbes local government area (postcode 2877). With a population of 19, the suburb has a young demographic with a median age of 24. Households earn a median income of $85K per year, with an average household size of 3.2 people. The top ancestries reported are Australian, Maltese.
The median house price in Mulguthrie is $885,000, having dropped significantly 27.7% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 2.1%.
The crime rate in the Forbes LGA is moderate at 6,918 incidents per 100,000 population.
From an investment perspective, Mulguthrie offers a gross rental yield of 2.1%, rated as low yield. Property prices sit below the state median ($885K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -27.7% year-on-year.