Suburb Profile Report for Hay NSW (2711)

Hay House: Median price $120,000, Annual capital growth 4.01%, Number of sales 47, Weekly median advertised rent $170

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Hay has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -10.78% to date .

If we look at median property appreciation over just the last three months, Hay has given property investors a paper return of -4.00%. This puts Suburb as 1261 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hay, 2711. Typically our figures indicate that -7.08% is being offered, which puts this NSW suburb at 1177th most discounted overall in Australia.

With the median price for a house in Hay being $120000 and the advertised rent reaching $170 the gross rental yield for property investors calculates out to be 7.37%

HOUSE UNIT
$120,000 N/A
-4.00% N/A
-10.78% N/A
4.01% N/A
$170 N/A
47 N/A
7.37% N/A
154 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2445
Median household income ($/weekly) 790
Median age of persons 44
Median housing loan repayment ($/monthly) 1057
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 336 13.7
    35-44 years 270 11.0
    45-54 years 415 17.0
    55-64 years 299 12.2
    65-74 years 248 10.1
    Others 877 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 827 48.6
    Not Married 704 41.4
    Defacto Relationship 170 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2159 94.0
    Indonesia 15 0.7
    Japan 23 1.0
    Papua New Guinea 22 1.0
    United Kingdom 42 1.8
    Others 36 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1993 86.3
    No Religion 280 12.1
    Hinduism 18 0.8
    Buddhism 11 0.5
    Other Religious Groups 8 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 102 12.3
    $400-$599 118 14.3
    $600-$799 120 14.5
    $800-$999 97 11.7
    $1,000-$1,249 85 10.3
    Others 304 36.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 775 41.8
    Employed, worked full-time 627 33.8
    Employed, worked part-time 323 17.4
    Employed, away from work 85 4.6
    Unemployed, looking for work 44 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 141 13.6
    Technicians & trades workers 153 14.8
    Community & personal service workers 109 10.5
    Clerical & administrative workers 121 11.7
    Labourers 184 17.7
    Others 329 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 44 8.3
    Infants/Primary 230 43.5
    Secondary 155 29.3
    Technical or Further Educational Institution 65 12.3
    University or other Tertiary Institutions 25 4.7
    Others 10 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2102 94.6
    Flat, unit or apartment 98 4.4
    Semi-detached, row or terrace house, townhouse 12 0.5
    House or flat attached to a shop, office 6 0.3
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 376 40.0
    Rented 295 31.4
    Being purchased 260 27.7
    Other tenure type 9 1.0
    Tenure Type
Census 2011, ABS
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