Baradine is a close-knit residential community in New South Wales within the Warrumbungle Shire local government area (postcode 2396). The area has roughly 783 residents and a settled, mature resident base, with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.2 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Baradine stand at $268,000, having jumped by 67.2% over the last twelve months. The median weekly rent is $157 (Census 2021). This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $650.
Baradine is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 868, which is well below the national average of 1,000. Public transport access includes 32 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Warrumbungle Shire LGA is moderate at 5,386 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($268K/$1.5M), which can point to relative value. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +67.2% year-on-year.