Bombowlee Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 52, the suburb has a mature demographic with a median age of 47. Households earn a median income of $121K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Bombowlee Creek is $1.1 million, having surged 165% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,788.
Public transport access includes 3 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 Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved +165.0% year-on-year.
Bombowlee Creek is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 52, the suburb has a mature demographic with a median age of 47. Households earn a median income of $121K per year, with an average household size of 2.7 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Bombowlee Creek is $1.1 million, having surged 165% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,788.
Public transport access includes 3 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 Creek offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved +165.0% year-on-year.