Located in New South Wales within the Snowy Monaro Regional local government area, Bredbo is a sparsely populated locality (postcode 2626). With a population of 392, the suburb has an established family demographic with a median age of 43. Households earn a median income of $116K per year, with an average household size of 2.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, clerical & administrative, managers. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
The median house price in Bredbo is $447,000, having declined steeply by 34.7% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,800.
Bredbo is served by 1 school, including 1 primary. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,173 incidents per 100,000 population.
On the investment side, Bredbo shows a gross rental yield of approximately 4.7%, rated as moderate yield. Property prices sit below the state median ($447K/$1.5M), which can point to relative value. The price-to-income ratio of 3.9x is considered affordable. House prices have moved -34.7% year-on-year.