Question 1

Is Hay a nice place to live?

Accepted Answer

Hay is a small rural locality in the Great Southern, set among agricultural country and native bush and including part of Mount Lindesay National Park.

Hay had 493 residents at the 2021 Census and is an older community with many owner-occupiers and couples without children at home. Life revolves around farming and outdoor living, with seasonal cropping and grazing, quiet country roads between properties, residents using regional roads to reach nearby town centres for shops and services, and surrounding bushland that provides opportunities for walking and birdwatching.

Question 2

Is it expensive to live in Hay?

Accepted Answer

There haven't been enough recent property sales or rentals in Hay to publish reliable house or unit prices or weekly rents, so it isn't possible to say how expensive it is to live there compared with local incomes. For reference, a typical local household earned $1,660 a week at the last Census, but without current price or rent figures there is no reliable way to compare housing costs against that income.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Hay a good place to invest?

Accepted Answer

Hay (WA 6333) hasn't had enough recent sales to put reliable figures on how house or unit values and rents have moved. Without those figures, there isn't a clear picture of how it has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	WA
Median age years	51	38
Median household income weekly	$1,660	$1,815
Couples with children share of families	35.7%	44.6%
Couples without children share of families	57.1%	38.8%
One-parent families share of families	7.1%	15.1%
Homes owned outright share of homes	47.8%	30.2%
Homes with a mortgage share of homes	41.6%	41.4%
Homes rented share of homes	10.6%	28.3%

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