Bogan Gate is a sparsely populated locality in New South Wales within the Parkes local government area (postcode 2876). The area has roughly 269 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.4% year-on-year at the LGA level. 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, technicians & trades, machinery operators & drivers. Employment in the area leans toward agriculture and construction. The top ancestries reported are Australian, English, Scottish.
Bogan Gate has a median house price of $232,000, which has declined by 5.3% year-on-year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 4.5%. 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 6,061 incidents per 100,000 population.
On the investment side, Bogan Gate shows a gross rental yield of approximately 4.5%, rated as moderate yield. Property prices sit below the state median ($232K/$1.5M), which can point to relative value. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -5.3% year-on-year. Population growth of -0.4% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.