Located in New South Wales within the Lithgow local government area, Bogee is a quiet locality (postcode 2849). The area has roughly 82 residents and an older-leaning population, with a median age of 52. Households earn a median income of $49K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% 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, professionals, labourers. Employment in the area leans toward accommodation & food and agriculture. The top ancestries reported are Irish, English, Australian.
Bogee has a median house price of $951,000, which has climbed sharply by 16.7% year-on-year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $1,734.
Public transport access includes 4 bus stops. The crime rate in the Lithgow LGA is moderate at 4,772 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 1.0% (low yield). Property prices sit below the state median ($951K/$1.5M), which can point to relative value. The price-to-income ratio of 19.6x is considered stretched. House prices have moved +16.7% year-on-year. Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.