Bendemeer is a sparsely populated locality in New South Wales within the Tamworth Regional local government area (postcode 2355). With a population of 486, the suburb has a settled, mature resident base with a median age of 52. Households earn a median income of $53K per year, with an average household size of 2.3 people. 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, community & personal service. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Bendemeer is $468,000, having risen steeply by 55.8% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 3.3%. 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 6,891 incidents per 100,000 population.
Looking at the investment signals, Bendemeer shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($468K/$1.5M), which can point to relative value. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +55.8% year-on-year.