Biniguy is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2399). With a population of 159, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $77K per year, with an average household size of 2.8 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Biniguy is $9.3 million, having surged 2095.5% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $538.
Public transport access includes 7 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Biniguy offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($9.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 121.3x is considered stretched. House prices have moved +2095.5% year-on-year.
Biniguy is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2399). With a population of 159, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $77K per year, with an average household size of 2.8 people. The most common occupations are managers, machinery operators & drivers, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Biniguy is $9.3 million, having surged 2095.5% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 0.1%. The median monthly mortgage repayment is $538.
Public transport access includes 7 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Biniguy offers a gross rental yield of 0.1%, rated as low yield. Property prices are above the state median ($9.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 121.3x is considered stretched. House prices have moved +2095.5% year-on-year.