Binda (postcode 2583) is a small, quiet locality in New South Wales within the Upper Lachlan Shire local government area. The area has roughly 291 residents and a mature demographic, with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.3 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, 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 agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Binda stand at $745,000, having climbed sharply by 19.7% over the last twelve months. The current median weekly rent is $390. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,300.
Binda is served by 1 school, including 1 primary. The average ICSEA score is 788, which is well below the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,532 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($745K/$1.5M), which can point to relative value. The price-to-income ratio of 10.8x is considered stretched. House prices have moved +19.7% year-on-year.