Bombay is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 142, the suburb has a mature demographic with a median age of 49. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bombay is $780,000, having grown strongly 8.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Bombay offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($780K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +8.3% year-on-year.
Bombay is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 142, the suburb has a mature demographic with a median age of 49. Households earn a median income of $106K per year, with an average household size of 2.6 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Bombay is $780,000, having grown strongly 8.3% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,167.
Public transport access includes 8 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,796 incidents per 100,000 population.
From an investment perspective, Bombay offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($780K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +8.3% year-on-year.