Bowenfels is a smaller suburb in New South Wales within the Lithgow local government area (postcode 2790). With a population of 2,049, the suburb has an established demographic with a median age of 41. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Bowenfels is $703,000, having surged 36.4% over the past year. Units have a median price of $425,000 (+6.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,560.
Public transport access includes 1 rail station, 46 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Bowenfels offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($703K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.7x is considered stretched. House prices have moved +36.4% year-on-year.
Bowenfels is a smaller suburb in New South Wales within the Lithgow local government area (postcode 2790). With a population of 2,049, the suburb has an established demographic with a median age of 41. Households earn a median income of $48K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Bowenfels is $703,000, having surged 36.4% over the past year. Units have a median price of $425,000 (+6.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,560.
Public transport access includes 1 rail station, 46 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Bowenfels offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($703K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.7x is considered stretched. House prices have moved +36.4% year-on-year.