Baan Baa is a quiet locality in New South Wales within the Narrabri local government area (postcode 2390). With a population of 166, the suburb has a mature demographic with a median age of 47. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Baan Baa is $315,000, having dropped significantly 29.2% over the past year. The current median weekly rent is $405. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,148.
Public transport access includes 16 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Baan Baa offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved -29.2% year-on-year.
Baan Baa is a quiet locality in New South Wales within the Narrabri local government area (postcode 2390). With a population of 166, the suburb has a mature demographic with a median age of 47. Households earn a median income of $92K per year, with an average household size of 2.5 people. The most common occupations are managers, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Baan Baa is $315,000, having dropped significantly 29.2% over the past year. The current median weekly rent is $405. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,148.
Public transport access includes 16 bus stops. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Baan Baa offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($315K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.4x is considered affordable. House prices have moved -29.2% year-on-year.