Billinudgel is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 261, the suburb has an established demographic with a median age of 43. Households earn a median income of $77K per year, with an average household size of 2.7 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Billinudgel is $1.3 million, having dropped significantly 49% over the past year. Units have a median price of $960,000 (+30.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,286.
Public transport access includes 4 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Billinudgel offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 17.0x is considered stretched. House prices have moved -49.0% year-on-year.
Billinudgel is a quiet locality in New South Wales within the Byron local government area (postcode 2483). With a population of 261, the suburb has an established demographic with a median age of 43. Households earn a median income of $77K per year, with an average household size of 2.7 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Billinudgel is $1.3 million, having dropped significantly 49% over the past year. Units have a median price of $960,000 (+30.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,286.
Public transport access includes 4 bus stops. The crime rate in the Byron LGA is moderate at 4,153 incidents per 100,000 population.
From an investment perspective, Billinudgel offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 17.0x is considered stretched. House prices have moved -49.0% year-on-year.