Bamarang is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 35, the suburb has a mature demographic with a median age of 53. Households earn a median income of $49K per year, with an average household size of 2.8 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Dutch.
The median house price in Bamarang is $1.5 million, having dropped significantly 53.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,120.
Public transport access includes 2 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Bamarang offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 30.4x is considered stretched. House prices have moved -53.8% year-on-year.
Bamarang is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 35, the suburb has a mature demographic with a median age of 53. Households earn a median income of $49K per year, with an average household size of 2.8 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Dutch.
The median house price in Bamarang is $1.5 million, having dropped significantly 53.8% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,120.
Public transport access includes 2 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Bamarang offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 30.4x is considered stretched. House prices have moved -53.8% year-on-year.