Bevendale is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 45, the suburb has an older demographic with a median age of 55. Households earn a median income of $63K per year, with an average household size of 1.9 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bevendale is $359,000, having surged 38.1% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,885.
Public transport access includes 5 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Bevendale offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($359K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +38.1% year-on-year.
Bevendale is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2581). With a population of 45, the suburb has an older demographic with a median age of 55. Households earn a median income of $63K per year, with an average household size of 1.9 people. The most common occupations are managers, sales, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Bevendale is $359,000, having surged 38.1% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,885.
Public transport access includes 5 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Bevendale offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($359K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +38.1% year-on-year.