Binjura is a small, quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). It is home to about 339 residents, with a mature demographic and a median age of 48. Households earn a median income of $106K per year, with an average household size of 2.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Binjura is $888,000, having surged by 18.3% over the past year. The current median weekly rent is $465. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,700.
Public transport access includes 4 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($888K/$1.5M), which can point to relative value. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +18.3% year-on-year.