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Farley suburb profile

Farley is a serene rural suburb located in the Hunter Region of New South Wales, just a short drive from the city of Maitland. Known for its expansive landscapes and agricultural roots, Farley offers a peaceful lifestyle away from the hustle and bustle of urban centers. The suburb is characterized by its open spaces, farmland, and a close-knit community atmosphere. While primarily residential, Farley provides easy access to nearby amenities and services in Maitland, making it an ideal location for those seeking a blend of country living with the convenience of city proximity. Its tranquil environment and scenic views make Farley a charming choice for families and individuals looking to enjoy a relaxed rural lifestyle.

Farley property market performance

Property growth+16.5%Past 12 months

Farley’s property market has shown significant growth over the past 12 months, particularly in house values, which have increased by 27%. The current median house price stands at $721,000. Units, however, have remained static, with no registered change in value and a current median unit price of $0.

Sales activity has been focused on houses, with 27 sold in the last year, while unit sales have been minimal with just 2 sold. Houses are selling relatively quickly, with a median of 28 days on the market.

Rentals in Farley have seen varied changes, with house rents stable over the last 12 months, averaging $600, while unit rents have increased by 4%, averaging $520, indicating a modest demand for unit rentals.

HousesUnits
Median price
Past 3 months
$818KN/A
Change in value
Past 12 months
28.1%N/A
Sold
Past 3 months
202
Median days on market
Past 12 months
28N/A
Average rent
Past 12 months
$600$520
Change in rent
Past 12 months
N/A4.0%

5 year median price trend for houses and units

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Farley demographics

Farley, a small suburb located in the Hunter Region of New South Wales, offers a tranquil lifestyle with a close-knit community feel. With a population of just 605, it provides a peaceful retreat from the hustle and bustle of larger cities. The median age of 30 suggests a youthful demographic, likely attracted by the suburb's family-friendly environment and the promise of a quieter, more relaxed pace of life.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 51.8% of the housing market. This high rental rate indicates a flexible living arrangement, appealing to young families and professionals who may be seeking temporary accommodation or are new to the area. Meanwhile, 19.1% of properties are owned outright, and 29.1% are owned with a mortgage, reflecting a stable base of long-term residents who have chosen to settle in Farley.

Family dynamics in Farley are varied, with couple families without children making up 40.2% of the population, while couple families with children account for 32.5%. One-parent families also form a significant part of the community at 23.7%. This mix of family types contributes to a diverse and inclusive community atmosphere. The suburb's relatively high median household income of $2015 per week suggests a comfortable standard of living, making it an attractive option for those looking to balance work and family life in a serene setting.

Suburbs near Farley

Some popular suburbs near Farley include:

How does Farley compare to nearby suburbs?

  • Median house prices: Farley’s median house price is 3.5% higher than Rutherford’s.
  • House price growth: Over the past 12 months, house prices in Farley have grown 15.4% higher than in Rutherford.
  • Unit price growth: Over the past 12 months, unit prices in Farley have grown 5.4% higher than in Maitland.
  • Selling speed for houses: Properties in Farley are selling 61.1% faster than in Lorn.

Choose the right real estate agents in Farley

Currently, there are 38 real estate agents working in Farley—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 38 agents sold 59.1% of all properties in Farley over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Farley typically charge a commission of 2.38% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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