Banyabba is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 31, the suburb has an older demographic with a median age of 56. Households earn a median income of $68K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Banyabba is $550,000, having dipped slightly 0.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,100.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Banyabba offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -0.9% year-on-year.
Banyabba is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 31, the suburb has an older demographic with a median age of 56. Households earn a median income of $68K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Banyabba is $550,000, having dipped slightly 0.9% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,100.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Banyabba offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -0.9% year-on-year.