All About Hay, NSW, 2711
The housing market in Hay, a small town in the Riverina region of New South Wales, reflects the unique blend of rural charm and affordability that attracts both long-term residents and newcomers. Unlike larger urban centers, Hay offers a relatively stable and affordable housing market, often characterized by detached homes on spacious plots of land. The median property prices are generally lower compared to metropolitan areas, making it an attractive option for first-time homebuyers or those looking to escape the hustle and bustle of city life. The rental market is also quite accessible, providing options for those who prefer not to commit to home ownership immediately. With a range of historical homes, some dating back to the 19th century, and newer constructions, the market caters to varied tastes and preferences.
Living in Hay offers a quaint and relaxed lifestyle that is deeply rooted in community and natural beauty. The town is surrounded by picturesque landscapes, including the iconic Murrumbidgee River and expansive bushlands, providing ample opportunities for outdoor activities such as fishing, boating, and hiking. The local community is tight-knit, with a calendar full of events and social functions that foster close relationships among residents. The town's amenities, including schools, healthcare facilities, shops, and cafes, cater well to everyday needs, though some services require travel to larger neighboring towns. Despite its remote setting, Hay offers a sense of peace and tranquility, making it a perfect location for those seeking a slower pace of life without foregoing a sense of community and connection to nature.
Household Makeup
| Median Weekly Rent | $177.00 |
| Median Monthly Mortgage | $934.56 |
| Median Persons Per bed houseroom | 0.71 |
| Average Household Size | 2.00 |
| Average Age | 48.22 |
| Average Income | $652.56 |
| Average Cars Per Dwelling | 1.75 |
| Average Properties Within 50M | 7 |
| Typical 1 bed house | $154,000 |
| Typical 2 bed house | $156,000 |
| Typical 3 bed house | $208,000 |
| Typical 4 bed house | $629,000 |
| Typical 5 bed house | $381,000 |
| Typical 6 bed+ house | $408,000 |
Housing Stock
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Hay Real Estate Market Outlook
Thinking about buying in Hay? Now could not be a better time, with 1972 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $382,000 with prices in this suburb ranging from $15,000 to $18,483,000. The aproximate distance to the coast is 361 Km.
In Hay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Hay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Hay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Hay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property Valuation
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2 Local Schools
St Mary's Primary School
Hay War Memorial High School
Hay Public School
(While the above schools are located with the suburb of Hay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Hay weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.0 | 14.6 | 25.4 | 46.1 | 90.9 | 5.0 | 24.4 |
| Feb | 0.4 | 15.0 | 24.9 | 49.1 | 91.9 | 4.9 | 20.8 |
| Mar | 1.4 | 14.1 | 24.6 | 49.9 | 94.4 | 4.4 | 15.8 |
| Apr | 2.0 | 12.0 | 22.2 | 52.3 | 96.3 | 3.7 | 12.7 |
| May | 2.7 | 9.4 | 19.4 | 53.8 | 96.8 | 3.7 | 10 |
| Jun | 3.6 | 8.3 | 17.5 | 54.3 | 93.6 | 4.3 | 8.4 |
| Jul | 3.7 | 7.5 | 16.3 | 57.1 | 96.5 | 4.5 | 8.7 |
| Aug | 3.6 | 7.5 | 17.0 | 54.1 | 96.3 | 4.6 | 11.3 |
| Sept | 3.2 | 8.3 | 18.2 | 51.6 | 96.2 | 4.6 | 15.5 |
| Oct | 1.8 | 9.6 | 20.1 | 50.4 | 95.6 | 4.5 | 19.9 |
| Nov | 1.7 | 10.9 | 21.9 | 48.7 | 94.6 | 4.5 | 23.5 |
| Dec | 1.2 | 12.6 | 23.7 | 48.4 | 94.2 | 4.5 | 25.6 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Wilson Inlet - Greater then 10KM
Denmark Country Club - Greater then 10KM
Denmark Tourist Bureau - Greater then 10KM
Nearby Suburbs
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