Barmedman is a quiet locality in New South Wales within the Bland local government area (postcode 2668). With a population of 404, the suburb has a mature demographic with a median age of 48. Households earn a median income of $45K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Barmedman is $210,000, having surged 10.5% over the past year. The median weekly rent is $190 (Census 2021). This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $650.
Barmedman is served by 1 school, including 1 primary. The average ICSEA score is 756, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Barmedman offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($210K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +10.5% year-on-year.
Barmedman is a quiet locality in New South Wales within the Bland local government area (postcode 2668). With a population of 404, the suburb has a mature demographic with a median age of 48. Households earn a median income of $45K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Barmedman is $210,000, having surged 10.5% over the past year. The median weekly rent is $190 (Census 2021). This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $650.
Barmedman is served by 1 school, including 1 primary. The average ICSEA score is 756, which is well below the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Bland LGA is below average at 2,805 incidents per 100,000 population.
From an investment perspective, Barmedman offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($210K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.7x is considered affordable. House prices have moved +10.5% year-on-year.