Bingeebeebra Creek NSW

Postcode 2469 · Kyogle LGA

Bingeebeebra Creek is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 39, the suburb has a mature demographic with a median age of 52. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are English, Australian, Dutch.

The median house price in Bingeebeebra Creek is $1.6 million, having surged 101.2% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,143.

Public transport access includes 1 bus stop. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.

From an investment perspective, Bingeebeebra Creek offers a gross rental yield of 1.6%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 23.2x is considered stretched. House prices have moved +101.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.6% Low Yield
Price vs State$1.6M/$1.5M Near Median
Affordability23.2x Stretched
Price Momentum+101.2% Rising
SEIFA INDEX (ABS)
Advantage2/10
Education3/10
Economic5/10
Disadvantage2/10
MEDIAN HOUSE
$1.6M
101.2% YoY
MEDIAN RENT /WK
POPULATION
39
DEMOGRAPHICS
Median Age52
Household Size2.4
HH Income /wk$1,333
Personal Income /wk$574
Mortgage /mth$1,143
CRIME (Kyogle LGA)
Crime Rate (per 100k)2,306
Total Incidents221
TRANSPORT
Bus Stops1
Data: 2022