Bombowlee is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 291, the suburb has a mature demographic with a median age of 51. Households earn a median income of $94K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Bombowlee is $1.1 million, having remained flat 0% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,911.
Public transport access includes 21 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bombowlee offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +0.0% year-on-year.
Bombowlee is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 291, the suburb has a mature demographic with a median age of 51. Households earn a median income of $94K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Bombowlee is $1.1 million, having remained flat 0% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,911.
Public transport access includes 21 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bombowlee offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +0.0% year-on-year.