Bithramere is a sparsely populated locality in New South Wales within the Tamworth Regional local government area (postcode 2340). The area has roughly 163 residents and a mature demographic, with a median age of 51. Households earn a median income of $85K 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 managers, clerical & administrative, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
Bithramere has a median house price of $675,000, which has declined steeply by 10% year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,550.
Public transport access includes 12 bus stops. The crime rate in the Tamworth Regional LGA is moderate at 6,891 incidents per 100,000 population.
From an investment perspective, Bithramere shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices sit below the state median ($675K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved -10.0% year-on-year.