Bald Blair NSW

Postcode 2365 · Armidale Regional LGA

Bald Blair is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 53, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $74K per year, with an average household size of 3.1 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.

The median house price in Bald Blair is $2.2 million, having surged 29% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $580.

Public transport access includes 6 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.

From an investment perspective, Bald Blair offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 30.2x is considered stretched. House prices have moved +29.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.1% Low Yield
Price vs State$2.2M/$1.5M Above Median
Affordability30.2x Stretched
Price Momentum+29.0% Rising
SEIFA INDEX (ABS)
Advantage5/10
Education9/10
Economic6/10
Disadvantage6/10
MEDIAN HOUSE
$2.2M
29% YoY
MEDIAN RENT /WK
$300
POPULATION
53
DEMOGRAPHICS
Median Age34
Household Size3.1
HH Income /wk$1,416
Personal Income /wk$630
Mortgage /mth$580
CRIME (Armidale Regional LGA)
Crime Rate (per 100k)6,478
Total Incidents1,917
TRANSPORT
Bus Stops6
Data: 2023