Bowman is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 139, the suburb has an older demographic with a median age of 55. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bowman is $685,000, having dropped significantly 52.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 12 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bowman offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -52.8% year-on-year.
Bowman is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 139, the suburb has an older demographic with a median age of 55. Households earn a median income of $67K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bowman is $685,000, having dropped significantly 52.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 12 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bowman offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved -52.8% year-on-year.