Bangadang is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 11, the suburb has a young demographic with a median age of 23. Households earn a median income of $78K per year, with an average household size of 3.5 people. The top ancestries reported are Australian, English, Irish.
The median house price in Bangadang is $500,000, having dropped significantly 59.3% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 4.5%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bangadang offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved -59.3% year-on-year.
Bangadang is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2729). With a population of 11, the suburb has a young demographic with a median age of 23. Households earn a median income of $78K per year, with an average household size of 3.5 people. The top ancestries reported are Australian, English, Irish.
The median house price in Bangadang is $500,000, having dropped significantly 59.3% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 4.5%.
Public transport access includes 2 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bangadang offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved -59.3% year-on-year.