Binya is a quiet locality in New South Wales within the Carrathool local government area (postcode 2665). With a population of 122, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Binya is $1.2 million, having declined 5.2% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $650.
Binya is served by 1 school, including 1 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Binya offers a gross rental yield of 0.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved -5.2% year-on-year.
Binya is a quiet locality in New South Wales within the Carrathool local government area (postcode 2665). With a population of 122, the suburb has an established demographic with a median age of 42. Households earn a median income of $98K per year, with an average household size of 3.1 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Binya is $1.2 million, having declined 5.2% over the past year. The current median weekly rent is $180. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $650.
Binya is served by 1 school, including 1 primary. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Carrathool LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Binya offers a gross rental yield of 0.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved -5.2% year-on-year.