Bango is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 122, the suburb has an established demographic with a median age of 43. Households earn a median income of $137K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bango is $760,000, having dropped significantly 37.4% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,479.
Public transport access includes 15 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Bango offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -37.4% year-on-year.
Bango is a quiet locality in New South Wales within the Yass Valley local government area (postcode 2582). With a population of 122, the suburb has an established demographic with a median age of 43. Households earn a median income of $137K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bango is $760,000, having dropped significantly 37.4% over the past year. The current median weekly rent is $470. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,479.
Public transport access includes 15 bus stops. The crime rate in the Yass Valley LGA is low at 1,626 incidents per 100,000 population.
From an investment perspective, Bango offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($760K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved -37.4% year-on-year.