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Hay, NSW 2711
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$295,000
market range $250K-$325K
Median Unit
$170,000
list-price estimate
Gross Yield (houses)
3.7%
1yr Growth (houses)
+10.3%
market range +2.5% to +15.0%
Investment snapshot for Hay
Hay has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Hay market and investor summary
In Hay, NSW 2711, the median house sells for around $295K, on a gross rental yield of 3.7% for houses. House prices have moved +10.3% over the past year and +17.5% over three years. At 0.5% 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 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.5% and a resident base that is not shrinking. Houses also take time to sell, around 439 days on market, so plan for a slower exit if you ever need one.
Living in Hay: people, income and schools
Hay has a resident population of roughly 2,300, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and families account for 63% of households.
The typical household income runs to around $60,000 a year (about $1,150 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to roughly 4.9 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
- Population
- 2,300
- +0% over 5yr
- Median age
- 47 years
- Median household income
- $60,000/yr
- Households renting
- 28%
- Family households
- 63%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 3.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Hay
No properties currently listed in Hay
Search Hay listings →Frequently asked questions about Hay
What should I check before investing in Hay?
Hay 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. Capital growth of +10.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Hay?
The median property price in Hay, NSW 2711 is $295K for houses.
What rental yield does Hay show?
The gross rental yield in Hay is 3.7% 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.
What does recent house price growth show for Hay?
House prices in Hay are up 10.3% over the past year and up 17.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Hay?
The current vacancy rate in Hay is 0.5%. 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 Hay?
Hay has a population of approximately 2,300 residents, with a median age of 47.
Is Hay affordable to buy in?
A median house in Hay costs about 4.9 times the median local household income (more affordable than most capital-city markets). 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 Hay's population growing?
The population of Hay has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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