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Lachlan, NSW

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Lachlan Shire is a local government area located in the Orana region of New South Wales, Australia. The shire covers an area of 10,887 square kilometres and is home to a population of approximately 12,000 people.

The property market in Lachlan Shire has been on the rise in recent years, with house prices increasing by more than 5% year on year. The strong economy and low interest rates are thought to be the main drivers of this price growth.

There is no doubt that Lachlan Shire is a great place to live and invest in property. The strong economy and rising house prices are attracting new residents and investors to the area, which is likely to continue to drive prices upwards in the future.

The economy of Lachlan Shire is largely based on agriculture, with the main crops being wheat, barley, canola, oats and wool. The shire also has a number of coal mines, which provide employment for a significant number of residents.

Professionals (18.5%), Community and Personal Service Workers (16.7%), Technicians and Trades Workers (15.9%), Clerical and Administrative Workers (11.6%), and Machinery Operators and Drivers (9.9%) are the most frequent jobs in Lachlan. In Lachlan, the typical weekly personal income for adults aged 15 and over is $642.

Separate homes account for 98.7% of occupied private dwellings in Lachlan, 0.0 percent for semi-detached, row or terrace houses, townhouses, etc., 0.0 percent for flats or apartments, and 1.3 percent for other housing.



Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Lachlan, NSW

Suburbs/localities in this Local Government Area: Condobolin 2877, Corinella 2871, Curlew Waters 2672, Derriwong 2877, Fairholme 2871, Fifield 2875, Kiacatoo 2877, Lake Cargelligo 2672, Albert 2873, Miamley 2873, Murrin Bridge 2672, Ootha 2875, Tottenham 2873, Tullamore 2874, Tullibigeal 2669, Ungarie 2669, Warroo 2871, Bobadah 2877, Boona Mount 2877, Burcher 2671