Barellan is a quiet locality in New South Wales within the Narrandera local government area (postcode 2665). With a population of 459, the suburb has a mature demographic with a median age of 48. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Barellan is $183,000, having dropped significantly 20.5% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $744.
Barellan is served by 1 school, including 1 combined. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Barellan offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($183K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -20.5% year-on-year.
Barellan is a quiet locality in New South Wales within the Narrandera local government area (postcode 2665). With a population of 459, the suburb has a mature demographic with a median age of 48. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Irish.
The median house price in Barellan is $183,000, having dropped significantly 20.5% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $744.
Barellan is served by 1 school, including 1 combined. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Narrandera LGA is moderate at 6,594 incidents per 100,000 population.
From an investment perspective, Barellan offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($183K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.8x is considered affordable. House prices have moved -20.5% year-on-year.