Blowering is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 3, the suburb has an older demographic with a median age of 72. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Blowering is $34,000, having remained flat 0% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 60.8%.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Blowering offers a gross rental yield of 60.8%, rated as high yield. Property prices sit below the state median ($34K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved +0.0% year-on-year.
Blowering is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 3, the suburb has an older demographic with a median age of 72. Households earn a median income of $23K per year, with an average household size of 1 people.
The median house price in Blowering is $34,000, having remained flat 0% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 60.8%.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Blowering offers a gross rental yield of 60.8%, rated as high yield. Property prices sit below the state median ($34K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved +0.0% year-on-year.