Birriwa is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2844). With a population of 45, the suburb has a mature demographic with a median age of 47. Households earn a median income of $84K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Irish, Australian.
The median house price in Birriwa is $160,000, having surged 77.8% over the past year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 8.8%.
Public transport access includes 7 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Birriwa offers a gross rental yield of 8.8%, rated as high yield. Property prices sit below the state median ($160K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.9x is considered affordable. House prices have moved +77.8% year-on-year.
Birriwa is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2844). With a population of 45, the suburb has a mature demographic with a median age of 47. Households earn a median income of $84K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Irish, Australian.
The median house price in Birriwa is $160,000, having surged 77.8% over the past year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 8.8%.
Public transport access includes 7 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Birriwa offers a gross rental yield of 8.8%, rated as high yield. Property prices sit below the state median ($160K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.9x is considered affordable. House prices have moved +77.8% year-on-year.