Located in New South Wales within the Bland local government area, Barmedman is a quiet locality (postcode 2668). It is home to about 404 residents, with an older-leaning population and a median age of 48. Households earn a median income of $45K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. 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 accommodation & food. The top ancestries reported are English, Australian, Scottish.
Median house prices in Barmedman stand at $216,000, having softened modestly by 0.7% over the last twelve months. The median weekly rent is $190 (Census 2021). This gives a gross rental yield of approximately 4.6%. 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 2,800 incidents per 100,000 population.
On the investment side, Barmedman shows a gross rental yield of approximately 4.6%, rated as moderate yield. Property prices sit below the state median ($216K/$1.5M), which can point to relative value. The price-to-income ratio of 4.8x is considered affordable. House prices have moved -0.7% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.