Bangheet is a quiet locality in New South Wales within the Gwydir local government area (postcode 2404). With a population of 37, the suburb has an older demographic with a median age of 56. Households earn a median income of $81K per year, with an average household size of 2 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bangheet is $2.1 million, having dropped significantly 69.9% over the past year. The current median weekly rent is $325. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $2,492.
Public transport access includes 4 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Bangheet offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.6x is considered stretched. House prices have moved -69.9% year-on-year.
Bangheet is a quiet locality in New South Wales within the Gwydir local government area (postcode 2404). With a population of 37, the suburb has an older demographic with a median age of 56. Households earn a median income of $81K per year, with an average household size of 2 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bangheet is $2.1 million, having dropped significantly 69.9% over the past year. The current median weekly rent is $325. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $2,492.
Public transport access includes 4 bus stops. The crime rate in the Gwydir LGA is below average at 3,433 incidents per 100,000 population.
From an investment perspective, Bangheet offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 25.6x is considered stretched. House prices have moved -69.9% year-on-year.