Baerami is a sparsely populated locality in New South Wales within the Muswellbrook local government area (postcode 2333). It is home to about 93 residents, with a settled, mature resident base and a median age of 48. Households earn a median income of $63K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, technicians & trades, machinery operators & drivers. Employment in the area leans toward agriculture and transport & logistics. The top ancestries reported are English, Australian, Scottish.
Median house prices in Baerami stand at $750,000, having risen steeply by 115.8% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,603.
Public transport access includes 10 bus stops. The crime rate in the Muswellbrook LGA is moderate at 6,216 incidents per 100,000 population.
On the investment side, Baerami shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), which can point to relative value. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +115.8% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.