Bowman Farm is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 41, the suburb has a mature demographic with a median age of 49. Households earn a median income of $49K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Bowman Farm is $1.1 million, having dipped slightly 1.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,625.
Public transport access includes 6 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 Farm offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved -1.2% year-on-year.
Bowman Farm is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 41, the suburb has a mature demographic with a median age of 49. Households earn a median income of $49K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Bowman Farm is $1.1 million, having dipped slightly 1.2% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,625.
Public transport access includes 6 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 Farm offers a gross rental yield of 2.6%, rated as low yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 21.3x is considered stretched. House prices have moved -1.2% year-on-year.