Bilbul (postcode 2680) is a close-knit residential community in New South Wales within the Griffith local government area. With a population of 586, the suburb has an established family 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward manufacturing and agriculture. The top ancestries reported are Australian, English, Italian.
The median house price in Bilbul is $499,000, having fallen sharply by 25.5% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.2%. 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 4,441 incidents per 100,000 population.
On the investment side, Bilbul shows a gross rental yield of approximately 5.2%, rated as high yield. Property prices sit below the state median ($499K/$1.5M), which can point to relative value. The price-to-income ratio of 4.7x is considered affordable. House prices have moved -25.5% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.