Bibbenluke is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 82, the suburb has a mature demographic with a median age of 52. Households earn a median income of $71K per year, with an average household size of 2.3 people. The most common occupations are labourers, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Bibbenluke is $740,000, having dropped significantly 75.9% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bibbenluke offers a gross rental yield of 2.0%, rated as low yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -75.9% year-on-year.
Bibbenluke is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 82, the suburb has a mature demographic with a median age of 52. Households earn a median income of $71K per year, with an average household size of 2.3 people. The most common occupations are labourers, machinery operators & drivers, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Bibbenluke is $740,000, having dropped significantly 75.9% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,300.
Public transport access includes 2 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bibbenluke offers a gross rental yield of 2.0%, rated as low yield. Property prices sit below the state median ($740K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.5x is considered stretched. House prices have moved -75.9% year-on-year.