Ben Lomond is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 135, the suburb has a mature demographic with a median age of 47. Households earn a median income of $64K 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, Irish.
The median house price in Ben Lomond is $7.4 million, having surged 158.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $650.
Ben Lomond is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Ben Lomond offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 115.6x is considered stretched. House prices have moved +158.9% year-on-year.
Ben Lomond is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 135, the suburb has a mature demographic with a median age of 47. Households earn a median income of $64K 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, Irish.
The median house price in Ben Lomond is $7.4 million, having surged 158.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.3%. The median monthly mortgage repayment is $650.
Ben Lomond is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Ben Lomond offers a gross rental yield of 0.3%, rated as low yield. Property prices are above the state median ($7.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 115.6x is considered stretched. House prices have moved +158.9% year-on-year.