Bendemeer is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 486, the suburb has a mature demographic with a median age of 52. Households earn a median income of $53K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bendemeer is $565,000, having surged 73.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,083.
Bendemeer is served by 1 school, including 1 primary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Bendemeer offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +73.8% year-on-year.
Bendemeer is a quiet locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 486, the suburb has a mature demographic with a median age of 52. Households earn a median income of $53K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Bendemeer is $565,000, having surged 73.8% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,083.
Bendemeer is served by 1 school, including 1 primary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,745 incidents per 100,000 population.
From an investment perspective, Bendemeer offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($565K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.6x is considered stretched. House prices have moved +73.8% year-on-year.