Baradine is a small community in New South Wales within the Warrumbungle Shire local government area (postcode 2396). With a population of 783, the suburb has a mature demographic with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Baradine is $215,000, having grown strongly 7.5% over the past year. The current median weekly rent is $160. This gives a gross rental yield of approximately 3.9%. 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 5,613 incidents per 100,000 population.
From an investment perspective, Baradine offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +7.5% year-on-year.
Baradine is a small community in New South Wales within the Warrumbungle Shire local government area (postcode 2396). With a population of 783, the suburb has a mature demographic with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Baradine is $215,000, having grown strongly 7.5% over the past year. The current median weekly rent is $160. This gives a gross rental yield of approximately 3.9%. 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 5,613 incidents per 100,000 population.
From an investment perspective, Baradine offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($215K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +7.5% year-on-year.