Bogan Gate is a quiet locality in New South Wales within the Parkes local government area (postcode 2876). With a population of 269, the suburb has an established demographic with a median age of 40. Households earn a median income of $66K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Bogan Gate is $168,000, having surged 204.5% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,083.
Bogan Gate is served by 1 school, including 1 primary. The average ICSEA score is 828, which is well below the national average of 1,000. Public transport access includes 7 rail stations, 21 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Bogan Gate offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($168K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +204.5% year-on-year.
Bogan Gate is a quiet locality in New South Wales within the Parkes local government area (postcode 2876). With a population of 269, the suburb has an established demographic with a median age of 40. Households earn a median income of $66K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Bogan Gate is $168,000, having surged 204.5% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,083.
Bogan Gate is served by 1 school, including 1 primary. The average ICSEA score is 828, which is well below the national average of 1,000. Public transport access includes 7 rail stations, 21 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Bogan Gate offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($168K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +204.5% year-on-year.