Pejar is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 67, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Pejar is $1.0 million, having dropped significantly 13% over the past year. The current median weekly rent is $450. 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 Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Pejar offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved -13.0% year-on-year.
Pejar is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2583). With a population of 67, the suburb has an older demographic with a median age of 55. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Pejar is $1.0 million, having dropped significantly 13% over the past year. The current median weekly rent is $450. 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 Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Pejar offers a gross rental yield of 2.3%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved -13.0% year-on-year.