Bringenbrong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 3707). With a population of 48, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bringenbrong is $2.4 million, having dropped significantly 60% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $573.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bringenbrong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.3x is considered stretched. House prices have moved -60.0% year-on-year.
Bringenbrong is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 3707). With a population of 48, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bringenbrong is $2.4 million, having dropped significantly 60% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $573.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Bringenbrong offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($2.4M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.3x is considered stretched. House prices have moved -60.0% year-on-year.