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Freemans Waterhole, NSW 2323
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$725,000
Median Unit
$535,000
Gross Yield (houses)
4.7%
1yr Growth
-
Investment snapshot for Freemans Waterhole
Freemans Waterhole has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Freemans Waterhole market and investor summary
Freemans Waterhole (NSW 2323) runs a median house price of $725K, with houses yielding a gross 4.7%. At 0.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking.
Living in Freemans Waterhole: people, income and schools
Freemans Waterhole is home to around 120 people, a number that has held fairly steady over five years. The median age is 39, broadly working-age, with renters making up 52% of households.
Households here earn a median of about $32,000 a year, or roughly $620 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 22.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
- Population
- 120
- +2% over 5yr
- Median age
- 39 years
- Median household income
- $32,000/yr
- Households renting
- 52%
- Family households
- 44%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Freemans Waterhole
View all →Frequently asked questions about Freemans Waterhole
What should I check before investing in Freemans Waterhole?
Freemans Waterhole has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Freemans Waterhole?
The median property price in Freemans Waterhole, NSW 2323 is $725K for houses and $535K for units.
What rental yield does Freemans Waterhole show?
The gross rental yield in Freemans Waterhole is 4.7% for houses and 5.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Freemans Waterhole?
The current vacancy rate in Freemans Waterhole is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Freemans Waterhole?
Freemans Waterhole has a population of approximately 120 residents, with a median age of 39.
Is Freemans Waterhole affordable to buy in?
A median house in Freemans Waterhole costs about 22.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Freemans Waterhole's population growing?
The population of Freemans Waterhole has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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