Bilbul is a small community in New South Wales within the Griffith local government area (postcode 2680). With a population of 586, the suburb has an established demographic with a median age of 43. Households earn a median income of $105K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Bilbul is $518,000, having dropped significantly 30.3% over the past year. Units have a median price of $525,000 (+92.3% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,403.
Public transport access includes 19 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Bilbul offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($518K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -30.3% year-on-year.
Bilbul is a small community in New South Wales within the Griffith local government area (postcode 2680). With a population of 586, the suburb has an established demographic with a median age of 43. Households earn a median income of $105K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Bilbul is $518,000, having dropped significantly 30.3% over the past year. Units have a median price of $525,000 (+92.3% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,403.
Public transport access includes 19 bus stops. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Bilbul offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($518K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved -30.3% year-on-year.