Berrigan is a small community in New South Wales within the Berrigan local government area (postcode 2712). With a population of 1,264, the suburb has an older demographic with a median age of 55. Households earn a median income of $51K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Berrigan is $373,000, having surged 22.1% over the past year. Units have a median price of $250,000 (-5.7% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $933.
Berrigan is served by 1 school, including 1 primary. The average ICSEA score is 984, which is around the national average of 1,000. Public transport access includes 40 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Berrigan offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($373K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +22.1% year-on-year.
Berrigan is a small community in New South Wales within the Berrigan local government area (postcode 2712). With a population of 1,264, the suburb has an older demographic with a median age of 55. Households earn a median income of $51K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Berrigan is $373,000, having surged 22.1% over the past year. Units have a median price of $250,000 (-5.7% YoY). The current median weekly rent is $370. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $933.
Berrigan is served by 1 school, including 1 primary. The average ICSEA score is 984, which is around the national average of 1,000. Public transport access includes 40 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Berrigan LGA is below average at 2,608 incidents per 100,000 population.
From an investment perspective, Berrigan offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($373K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +22.1% year-on-year.