Located in New South Wales within the Mid-Western Regional local government area, Bombira is a close-knit residential community (postcode 2850). The area has roughly 504 residents and an established demographic, with a median age of 40. Households earn a median income of $151K per year, with an average household size of 3 people. 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, clerical & administrative. Employment in the area leans toward mining and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Bombira is $1.4 million, having declined by 7.9% over the past year. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,644.
Public transport access includes 14 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,271 incidents per 100,000 population.
From an investment perspective, Bombira shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved -7.9% year-on-year.