Bonalbo is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 338, the suburb has an older demographic with a median age of 59. Households earn a median income of $35K per year, with an average household size of 1.8 people. The most common occupations are community & personal service, managers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Bonalbo is $459,000, having surged 60.9% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $650.
Bonalbo is served by 1 school, including 1 combined. The average ICSEA score is 791, which is well below the national average of 1,000. Public transport access includes 14 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Bonalbo offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($459K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +60.9% year-on-year.
Bonalbo is a quiet locality in New South Wales within the Kyogle local government area (postcode 2469). With a population of 338, the suburb has an older demographic with a median age of 59. Households earn a median income of $35K per year, with an average household size of 1.8 people. The most common occupations are community & personal service, managers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Bonalbo is $459,000, having surged 60.9% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $650.
Bonalbo is served by 1 school, including 1 combined. The average ICSEA score is 791, which is well below the national average of 1,000. Public transport access includes 14 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.
From an investment perspective, Bonalbo offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($459K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.2x is considered stretched. House prices have moved +60.9% year-on-year.