Bredbo is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2626). With a population of 392, the suburb has an established 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. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bredbo is $270,000, having dropped significantly 43.2% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 7.7%. 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 2,178 incidents per 100,000 population.
From an investment perspective, Bredbo offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.3x is considered affordable. House prices have moved -43.2% year-on-year.
Bredbo is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2626). With a population of 392, the suburb has an established 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. The most common occupations are technicians & trades, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Bredbo is $270,000, having dropped significantly 43.2% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 7.7%. 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 2,178 incidents per 100,000 population.
From an investment perspective, Bredbo offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.3x is considered affordable. House prices have moved -43.2% year-on-year.