Bowmans Creek is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2330). With a population of 17, the suburb has an established demographic with a median age of 39. Households earn a median income of $65K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian.
The median house price in Bowmans Creek is $1.2 million, having dropped significantly 34% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,270.
The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Bowmans Creek offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.1x is considered stretched. House prices have moved -34.0% year-on-year.
Bowmans Creek is a quiet locality in New South Wales within the Muswellbrook local government area (postcode 2330). With a population of 17, the suburb has an established demographic with a median age of 39. Households earn a median income of $65K per year, with an average household size of 2.7 people. The most common occupations are managers, labourers. The top ancestries reported are English, Australian.
The median house price in Bowmans Creek is $1.2 million, having dropped significantly 34% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,270.
The crime rate in the Muswellbrook LGA is moderate at 6,202 incidents per 100,000 population.
From an investment perspective, Bowmans Creek offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 18.1x is considered stretched. House prices have moved -34.0% year-on-year.