Bald Nob is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 20, the suburb has an established demographic with a median age of 44. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bald Nob is $3.0 million, having surged 71.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,249.
Public transport access includes 2 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Bald Nob offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 42.5x is considered stretched. House prices have moved +71.1% year-on-year.
Bald Nob is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2370). With a population of 20, the suburb has an established demographic with a median age of 44. Households earn a median income of $72K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bald Nob is $3.0 million, having surged 71.1% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 0.7%. The median monthly mortgage repayment is $1,249.
Public transport access includes 2 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Bald Nob offers a gross rental yield of 0.7%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 42.5x is considered stretched. House prices have moved +71.1% year-on-year.