Bective is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 194, the suburb has a mature demographic with a median age of 49. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bective is $1.9 million, having dropped significantly 53.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Bective offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 23.2x is considered stretched. House prices have moved -53.7% year-on-year.
Bective is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2340). With a population of 194, the suburb has a mature demographic with a median age of 49. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Bective is $1.9 million, having dropped significantly 53.7% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,167.
Public transport access includes 24 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Bective offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 23.2x is considered stretched. House prices have moved -53.7% year-on-year.