Bruie Plains is a quiet locality in New South Wales within the Parkes local government area (postcode 2875). With a population of 28, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $85K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service. The top ancestries reported are Irish, Australian, English.
The median house price in Bruie Plains is $450,000, having dropped significantly 80% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Bruie Plains offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -80.0% year-on-year.
Bruie Plains is a quiet locality in New South Wales within the Parkes local government area (postcode 2875). With a population of 28, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $85K per year, with an average household size of 3 people. The most common occupations are managers, community & personal service. The top ancestries reported are Irish, Australian, English.
The median house price in Bruie Plains is $450,000, having dropped significantly 80% over the past year. The current median weekly rent is $260. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Public transport access includes 4 bus stops. The crime rate in the Parkes LGA is moderate at 6,069 incidents per 100,000 population.
From an investment perspective, Bruie Plains offers a gross rental yield of 3.0%, rated as moderate yield. Property prices sit below the state median ($450K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -80.0% year-on-year.