Bolong is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 94, the suburb has a mature demographic with a median age of 46. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bolong is $1.2 million, having surged 34.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,055.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Bolong offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +34.6% year-on-year.
Bolong is a quiet locality in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 94, the suburb has a mature demographic with a median age of 46. Households earn a median income of $85K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bolong is $1.2 million, having surged 34.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,055.
Public transport access includes 1 bus stop. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Bolong offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +34.6% year-on-year.