Savernake is a quiet locality in New South Wales within the Berrigan local government area (postcode 2646). With a population of 67, the suburb has an established demographic with a median age of 40. Households earn a median income of $87K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Savernake is $1.3 million, having dropped significantly 62.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,000.
Public transport access includes 2 bus stops. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Savernake offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 14.4x is considered stretched. House prices have moved -62.1% year-on-year.
Savernake is a quiet locality in New South Wales within the Berrigan local government area (postcode 2646). With a population of 67, the suburb has an established demographic with a median age of 40. Households earn a median income of $87K per year, with an average household size of 2.7 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Savernake is $1.3 million, having dropped significantly 62.1% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,000.
Public transport access includes 2 bus stops. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Savernake offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 14.4x is considered stretched. House prices have moved -62.1% year-on-year.