Bombala is a small community in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 1,372, the suburb has a mature demographic with a median age of 47. Households earn a median income of $66K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bombala is $438,000, having surged 21.5% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,083.
Bombala is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 73 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bombala offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($438K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +21.5% year-on-year.
Bombala is a small community in New South Wales within the Snowy Monaro Regional local government area (postcode 2632). With a population of 1,372, the suburb has a mature demographic with a median age of 47. Households earn a median income of $66K per year, with an average household size of 2.1 people. The most common occupations are machinery operators & drivers, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bombala is $438,000, having surged 21.5% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,083.
Bombala is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 945, which is below the national average of 1,000. Public transport access includes 73 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bombala offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($438K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +21.5% year-on-year.