Bargo is a smaller suburb in New South Wales within the Wollondilly local government area (postcode 2574). With a population of 4,516, the suburb has an established demographic with a median age of 41. Households earn a median income of $90K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bargo is $1.2 million, having grown strongly 8.3% over the past year. Units have a median price of $467,000 (-7.5% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Bargo is served by 1 school, including 1 primary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 142 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Bargo offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 13.0x is considered stretched. House prices have moved +8.3% year-on-year.
Bargo is a smaller suburb in New South Wales within the Wollondilly local government area (postcode 2574). With a population of 4,516, the suburb has an established demographic with a median age of 41. Households earn a median income of $90K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bargo is $1.2 million, having grown strongly 8.3% over the past year. Units have a median price of $467,000 (-7.5% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Bargo is served by 1 school, including 1 primary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 142 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Bargo offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 13.0x is considered stretched. House prices have moved +8.3% year-on-year.