Ballengarra is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 97, the suburb has a mature demographic with a median age of 45. Households earn a median income of $77K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Chinese.
The median house price in Ballengarra is $340,000, having dropped significantly 57.5% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 8.1%. The median monthly mortgage repayment is $1,930.
Public transport access includes 3 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Ballengarra offers a gross rental yield of 8.1%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -57.5% year-on-year.
Ballengarra is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2441). With a population of 97, the suburb has a mature demographic with a median age of 45. Households earn a median income of $77K per year, with an average household size of 2.9 people. The most common occupations are managers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Chinese.
The median house price in Ballengarra is $340,000, having dropped significantly 57.5% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 8.1%. The median monthly mortgage repayment is $1,930.
Public transport access includes 3 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Ballengarra offers a gross rental yield of 8.1%, rated as high yield. Property prices sit below the state median ($340K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved -57.5% year-on-year.