Bobadah is a quiet locality in New South Wales within the Bogan local government area (postcode 2877). With a population of 30, the suburb has an established demographic with a median age of 43. Households earn a median income of $101K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bobadah is $2.5 million, having surged 12.7% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $3,000.
Public transport access includes 3 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Bobadah offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.3x is considered stretched. House prices have moved +12.7% year-on-year.
Bobadah is a quiet locality in New South Wales within the Bogan local government area (postcode 2877). With a population of 30, the suburb has an established demographic with a median age of 43. Households earn a median income of $101K per year, with an average household size of 2.7 people. The most common occupations are managers, community & personal service, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Bobadah is $2.5 million, having surged 12.7% over the past year. The current median weekly rent is $365. This gives a gross rental yield of approximately 0.8%. The median monthly mortgage repayment is $3,000.
Public transport access includes 3 bus stops. The crime rate in the Bogan LGA is low at 0 incidents per 100,000 population.
From an investment perspective, Bobadah offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.3x is considered stretched. House prices have moved +12.7% year-on-year.