Bassendean NSW

Postcode 2365 · Inverell LGA

Bassendean is a quiet locality in New South Wales within the Inverell local government area (postcode 2365). With a population of 5, the suburb has a young demographic with a median age of 22.

The median house price in Bassendean is $1.4 million, having surged 53.8% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.7%.

The crime rate in the Inverell LGA is moderate at 5,172 incidents per 100,000 population.

From an investment perspective, Bassendean offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). House prices have moved +53.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.7% Low Yield
Price vs State$1.4M/$1.5M Near Median
Price Momentum+53.8% Rising
SEIFA INDEX (ABS)
Advantage7/10
Education7/10
Economic9/10
Disadvantage8/10
MEDIAN HOUSE
$1.4M
53.8% YoY
MEDIAN RENT /WK
POPULATION
5
DEMOGRAPHICS
Median Age22
Household Size4
HH Income /wk
Personal Income /wk$725
Mortgage /mth
TOP ANCESTRY
CRIME (Inverell LGA)
Crime Rate (per 100k)5,172
Total Incidents935
Data: 2022