Big Ridge is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 16, the suburb has an older demographic with a median age of 59. Households earn a median income of $87K per year, with an average household size of 2 people. The top ancestries reported are Australian, Scottish, English.
The median house price in Big Ridge is $820,000, having dropped significantly 42.3% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.9%.
Public transport access includes 1 bus stop. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Big Ridge offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -42.3% year-on-year.
Big Ridge is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 16, the suburb has an older demographic with a median age of 59. Households earn a median income of $87K per year, with an average household size of 2 people. The top ancestries reported are Australian, Scottish, English.
The median house price in Big Ridge is $820,000, having dropped significantly 42.3% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.9%.
Public transport access includes 1 bus stop. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Big Ridge offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($820K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.5x is considered moderate. House prices have moved -42.3% year-on-year.