Brimbin (postcode 2430) is a sparsely populated locality in New South Wales within the Mid-Coast local government area. It is home to about 75 residents, with a more retirement-aged population and a median age of 55. Households earn a median income of $49K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. 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 community & personal service, professionals, technicians & trades. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, German.
The median house price in Brimbin is $308,000, broadly unchanged over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 9.0%. The median monthly mortgage repayment is $1,214.
Public transport access includes 6 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 9.0% (high yield). Property prices sit below the state median ($308K/$1.5M), which can point to relative value. The price-to-income ratio of 6.3x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.