Bindera is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 32, the suburb has an older demographic with a median age of 65. Households earn a median income of $50K per year, with an average household size of 1.7 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Bindera is $1.6 million, having surged 37.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $5,200.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bindera offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 33.0x is considered stretched. House prices have moved +37.5% year-on-year.
Bindera is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 32, the suburb has an older demographic with a median age of 65. Households earn a median income of $50K per year, with an average household size of 1.7 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Bindera is $1.6 million, having surged 37.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $5,200.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bindera offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 33.0x is considered stretched. House prices have moved +37.5% year-on-year.